OptionsHouse

Options Trading News

August 28, 2013  Wed 2:14 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today's calendar includes two minor housing-related numbers.

MBA will announce weekly mortgage applications for home loans at 7 a.m. ET. The National Association of Realtors follows with pending home sales for July at 10 a.m. ET. Economists expect an increase of 0.2 percent versus a 1 percent decline the previous month.

The Energy Department is also scheduled to report changes in crude-oil inventories 30 minutes later. Given this week's tensions with Syria, the numbers will probably take a back seat in terms of importance to developments in the Middle East.

Potentially important earnings reports include retailer Express and coal-mining machine company Joy Global, both of which report before the opening bell. Shanda Games and Guess follow in the afternoon.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

View more education articles »