A slew of new signals this morning, all SELLS. With only 12 trading days left in November expiration, I recommend that new positions go out to December. All options we use are "Monthly" options with the one exception of VXX where we will sometimes prefer "Weeklies." Monthlies expire the 3rd Friday of the month, i.e., Dec 21st. As always feel free to use whatever strikes and expirations work best for you. It's the direction that matters. There is no need to take every trade as some can substitute for others. For example Index puts for all intents and purposes are interchangeable between indexes and also can substitute for some if not all puts on individual stocks. In fact, one of the first three puts below can pretty much cover all nine of these signals. Index Sells IWM: Dec $148p QQQ: Dec $168p SPY: Dec $268pXLF: Dec $26p Individual Stock Sells A: Dec $65p ADSK: Dec $125p AMGN: Dec $190p C: Dec $65p MSFT: Dec $105p Apple reports after the close today, which have have a dramatic, albeit short-lived affect on the market tomorrow. Beware.
