Jason's BigDeaL Trade Alert #00 Stocks opened higher on Friday with the S&P 500 up as much as 1% intraday, as traders reacted to Janet Yellen's 5pm ET Thursday speech exactly as I expected they would. But late in the day, stocks started declining, and the bearish sentiment spilled over the weekend into today's tape, too. Our Visa (V) credit put spread was looking great mid-day Friday, but V has tanked well below $70 today. Our TLT debit put spread was looking better, up by as much as 61% on Friday, but as TLT shares have surged, our long puts have faltered – see today's "Open Plays" section for instructions. ...

This document is currently available only to members of our Options subscription.
For more information about our subscriptions, please visit our products page.
Outdated document.
The document was written more than 6 months ago. Information may be outdated.