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Day 45 Jan expirations

Notes:

  • 200/50 Moving average is still down.
  • 20/5 is uptrending.
  • Charting a bit of a mess. Maybe double bottom. W.
  • Asia down, Europe mixed. bet down today.
  • Candle. Piercing to the bottom today. Down trend
  • Tested 1570 and below.
  • Took Vput 1560/1550 for 30 cents.

PS: I only take VPUT in jan expirations. The market on average goes up in the 6 weeks from DEC 1 to Jan 15. My Christmas trade.

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