New Intermediate Term Sell Signal As has been shown for the past few weeks, this is a news-driven market that makes option trading more risky than usual...if that is even possible. Holding too many Puts leaves option portfolios dependent on an unpredictable virus and dysfunctional discord between political parties. Preserve profits, but be mindful that the coronavirus news has not yet come close to peaking, while the political-monetary solutions have finite parameters, there is only so much "free money" to go around. Sell Signal: BABA ($198) Option: May 15th $190P ($10.00)
