OptionsHouse

Options Trading News

March 15, 2013  Fri 1:47 AM CT

XLY: SEE CHART GET CHAIN FIND STRATEGIES
Today's economic calendar includes data on inflation, manufacturing, production, and consumer sentiment.

Consumer prices for February will be released at 8:30 a.m. ET. A reading of 0.5 percent is expected, up from zero in the previous month. Excluding food and energy, the consensus forecast is 0.2 percent, down from the previous month's 0.3 percent.

The Empire State Manufacturing Survey is also scheduled for 8:30 a.m. ET. Analysts estimate that the March figure will come in at 10 even, down slightly from the previous months' 10.04.

Industrial production and manufacturing data for February follows at 9:15 a.m. ET. The consensus estimate for production is 0.5 percent, up from -0.1 percent in the previous month. Analysts are expecting 0.3 percent for manufacturing, up from -0.4 percent in the last report.

The University of Michigan will release its consumer sentiment index for March at 9:55 a.m. ET. The consensus forecast is 77.5, just below the previous month's 77.6 level.
Share this article with your friends


Related Stories

XLY

Options in consumer discretionaries

February 1, 2016

Here's a rundown of unusual activity in last week's most active sector.

OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Upcoming Webinar:

Using Options For Income

http://bit.ly/1nY1OKA

Jon Najarian and Adam Mesh of Options Wealth Machine discuss a detailed strategy utilizing credit spreads to generate income, and how any level of trader can use this simple trading technique.

Education & Strategy

Sweet Spot Exceptions

As discussed last week, when using the Stock Replacement Strategy to replace a stock position to trade direction, we want to use an option that has very similar characteristics to the stock. We talked about using the deep in-the-money, 80 to 85 delta option that is similar in the Greeks and has relatively little extrinsic value which tends to work against us in stock directional trading.

View more education articles »