OptionsHouse

Options Trading News

February 26, 2014  Wed 2:45 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
New-home sales are today's main calendar event, but several retailers will report quarterly numbers as well.

Economists expect an annualized reading of 400,000 for January, down from 414,000 in the previous month. The Commerce Department will release the numbers at 10 a.m. ET.

Weekly mortgage purchase applications come out earlier in the session, at 7 a.m. ET. There are no estimates for that report, as it isn't tracked by forecasters.

There are also several earning reports from retailers: Abercrombie & Fitch, Dollar Tree, Barnes & Noble, Lowe's, Target, and TJX before the opening bell, followed by L Brands and J.C. Penney in the afternoon. Autodesk, Baidu, Transocean, and TiVo also announce after the close.
Share this article with your friends


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 »