OptionsHouse

Options Trading News

July 23, 2013  Tue 2:14 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Earnings remain the dominant theme on the calendar, with few key economic reports scheduled for today.

Chemicals giant DuPont, copper miner Freeport-McMoRan, defense contractor Lockheed-Martin, insurer Travelers, railroad Norfolk Southern, shipping giant United Parcel Service, and cigarette maker Altria all issue numbers before the opening bell. Telecom giant AT&T, credit-card lender Discover Financial, and chip makers Altera and Broadcom report in the evening.

The first economic release is the relatively unimportant FHFA house price index at 9 a.m. ET. The Richmond Federal Reserve follows one hour later with its regional activity index.

The economic agenda is even quieter tomorrow, with no releases planned. Company reports will remain active, with Caterpillar and Ford the most prominent among them.
Share this article with your friends


OptionsHouse

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 »