Market Overview

Options Outlook for the Week of December 30: Financials Just Sitting Around

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Options Outlook for the Week of December 30: Financials Just Sitting Around
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Markets continue to just chop around on another short week.

Activity has been high surrounding Twitter (NYSE: TWTR) and Apple (NASDAQ: AAPL) after news helped move some decent volume into their momentum side.

Overall, these two have large expanded ranges now, providing for some decent trades.

Tech names such as Google (NASDAQ: GOOG) and Amazon (NASDAQ: AMZN) have been giving a few chances at scalp longs in the slow markets.

Overall, the board is flat especially with the financials just sitting around.

Careful playing positions too long as decay is overbearing during a chop short week.

Enjoy the New Year and wrap up 2013 with positive p/l!

Posted-In: Previews Options Pre-Market Outlook Markets Trading Ideas Best of Benzinga

 

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