Posted in Newsletter
By: Tom Gentile on June 9th, 2021 • 1 min read
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Watching the markets over the past two weeks has been about as exciting as watching paint dry. The SPY has been stuck at or around the 420 price (equivalent 4200 on S&P500).
Calendar or Time Spreads are an option strategy one can consider when the markets or any security you are watching goes in to a range bound or sideways trading pattern.
Otherwise, one can just hang out on the sidelines with their long-term holdings and wait for a directional move to happen with a bit more ferocity.
One other thing to consider is search up which sectors are showing either strength or weakness over the past month as I showed in the cover page of this newsletter last week.
C1P Chief 1-Percenter