I am a discretionary trader. This means there are some weeks in the year when I wait and watch what’s going on. From here, there are 3 potentials -
1-We keep ranging here and the stocks keep choppy. In this case, it is waste of premiums.
2-We drop. In this case it is better to wait for lower levels to find attractive setups.
3-We rally. If this happens, I am pretty sure something nice and attractive will show up on my radar which I will share.
Stay Frosty!