This is admittedly a much longer expiration than I believe I need, probably by 2-3 weeks, but I prefer to err on the side of caution and go for quality and slightly in the money.
The IWM is starting to see some intraday downside, I don't have a specific target, although I'd think somewhere around $89.25 would be reasonable, I'm more looking for downside momentum as that's where premius for calls should drop.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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