The attempts for the Current Administration to get their programs enacted through Congress or by Administrative Directives for items they consider important enough to be enforced when Congress will not approve the item lead to great instability in the Stock Market. It is now simple to see on Internet the Washington DC machinations between the President and the Republican House of Representatives Chairman. I (your author) lived in Spain for 20 years before returning to California. In Spain I leaned to trade Index Options ...
Read More
The attempts for the Current Administration to get their programs enacted through Congress or by Administrative Directives for items they consider important enough to be enforced when Congress will not approve the item lead to great instability in the Stock Market. It is now simple to see on Internet the Washington DC machinations between the President and the Republican House of Representatives Chairman. I (your author) lived in Spain for 20 years before returning to California. In Spain I leaned to trade Index Options from a NY expert whose strategy was to sell Call Options 2 standard deviations (2sig) above the market and sell Put Options 2 sig below the market. After returning to California I continued Index options trading using Standard & Poor's 500 (SPX) Index and using Condors. Being an Options Trader using the CBOE (Chicago Board of Exchange), I find the inability in Washington to avoid the automatic spending cuts made Wall Street nervous which affected the weekly options prices. As a result I have had to learn to use my Options Trading Software: SelfAdapSPXWeeklyVLTY to make profits during this period of Washington-caused Wall Street nervousness. What does the nervousness do to the Index values? They make either big weekly Jumps or Drops. I use the SPX index for my weekly options trading. I use the Welles-Wilder Index to predict the abnormal market movements as will be explained in this book. So I am able to profit from trading Weekly Index Options even when the machinations of the Washington Politicians cause instability or abnormal movements in the Indices. I have devised tactics to use and in this book I will explain how to use them in my Weekly Options trading software.
Read Less
Add this copy of Weekly Index Options Impacted By Washington Programs to cart. $80.03, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2013 by CreateSpace Independent Publis.
