OptionsHouse

Options Trading News

December 6, 2012  Thu 1:45 AM CT

UNG: SEE CHART GET CHAIN FIND STRATEGIES
Today's economic calendar focuses on news from central banks in Europe and employment data in the United States.

The Bank of England and European Central Bank will announce interest rates before U.S. trading opens. A press conference will follow the ECB release, which could result in headlines about the region's ongoing public-debt issues. It could also affect trading in the euro, which in turn often influences energy prices.

Also in the overnight session, Germany will release manufacturers' orders, but it will probably be trumped by the ECB decision later in the morning.

Initial jobless claims at 8:30 a.m. ET are the main U.S. report. Economists expect a reading of 382,000, down from 393,000 last week. A lower figure would be positive for sentiment because it would suggest that fewer people lost their jobs, while a higher number would be negative. The all-important monthly payrolls report follows tomorrow morning.

The weekly natural-gas inventories report will be reported at 10:30 a.m. ET.
Share this article with your friends


OptionsHouse

Premium Services

Upcoming Webinar:

How to Defend Your Portfolio and Profit in a Market Selloff

http://bit.ly/1OSMWU6

Jon Najarian and Sandy Chaikin of Chaikin Analytics demonstrate how to play defense when the market is selling off. And, how to turn misery into money, whether investing in stocks or trading options.

Education & Strategy

The sweet spot

When using the Stock Replacement Strategy, we must remember that in reality, we are doing a STOCK trade. We are just using options. We are replacing the stock position with an option position (long calls).

View more education articles »