Options Trading News

March 14, 2013  Thu 2:14 AM CT

Today's economic calendar is relatively light, with weekly jobless claims as the main item.

Economists expect that 350,000 people sought employment benefits for the first time for the seven-day period ending March 9, up slightly from the previous week's 340,000 total. A lower reading may be interpreted bullishly because it would mean that fewer Americans lost their jobs. The Labor Department will announce the figure at 8:30 a.m. ET.

February producer prices will be released at the same time. Forecasts look for a headline figure of 0.6 percent, compared with 0.2 percent in January. The core rate, which excludes food and energy, is expected to increase 0.2 percent. Inflation has not been a major focus of the market recently, so the data is unlikely to affect sentiment.

The calendar is more active tomorrow, with consumer prices, the New York Federal Reserve's Empire State Index, industrial production, and consumer sentiment.
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I have written a few things on the Covered Call Strategy over the last two weeks. Please understand that those two previous articles plus this one do not constitute a proper, fully in-depth lesson on the Covered Call Strategy like we have in our classes at Option Monster Education. I have picked out a few topics that I believe were worth noting and today I am going to add the final one.

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