Thursday, 24 Jan 2013, the SPY comes to a day of indecision, and rightly so, the market has finally reached the highest point in 52 weeks, and it is deciding if it wants to continue the bull-run tonight (Friday US Time - Morning) or just let it all hang loose.
I reckon it will drop tonight, which means it would have been a good decision to sell a Call Spread last night, perhaps at the peak? Well, I wasn't gonna stay up all night. Plus, the market had a brief moment of indecision and based on that I decided not to trade. Good thing I didn't, and the market ended last night with a cross-hair. A day of indecision, some folks call it the shooting star.
Well, all I wanna know is, will I be able to sell a Call or a Put Spread tonight, and hopefully make some money in the process. :)
We shall see! :)
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