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Waiting on the Fed...

Waiting on the Fed... Hello Smart Option Sellers! With all three major stock indexes - the Dow Jones, S&P 500 & Nasdaq, all sitting precariously on major support areas, I'm waiting to see how the next move will shake out. Considering the Fed announces its latest interest rate policy decision at 2pm EST tomorrow Wednesday December 19, it's prudent for us to not jump the gun into trades that might be adversely affected from the Fed's decision. I've got a number of potential new put-selling candidates on my radar and hopefully Thursday can give us the green light to hop to. For now, we wait. Continue to hold all other open positions as-is. Regards,

Lee Let's Grab That Cash!

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