MTM Options Trader Newsletter - Time to Tighten Up Your Option Management

[image](=) [image] This Week in the Market The indexes were able to hit intraday highs again, but buying weakened a tad into the close on Friday. The market remains resilient, having moved higher over the past several weeks. As a result, a bullish to non-bearish bias makes sense for the overall market until proven otherwise. As we move forward, a lot more focus will be on the Federal Reserve and what they do as far as rates are concerned. Rate cuts are expected this year, but how soon remains to be seen. Implied volatility and option prices ticked up a tad this past week. Several economic reports are set for release this week, including the latest PPI and CPI numbers. The most recent retail sales figure is also expected, as are a couple of consumer reports. Quarterly earnings are still slow, but a few big-name companies are expected to announce, including several retailers. As always, sitting on your hands and not trading is a position too. Have a healthy, safe and prosperous week! Mar 12: Consumer Price Index Mar 12: Federal Budget Mar 14: Jobless Claims Mar 14: Retail Sales Mar 14: Producer Price Index Mar 14: Business Inventories Mar 15: Import Price Index Mar 15: Production and Utilization Mar 15: Consumer Sentiment [Read Our Blog](=) Time to Tighten Up Your Option Management Volatility in the market has become the norm…this first week of March 2024 in particular as Federal Reserve Chair Jerome Powell testifies in front of Congress for two days. There have been some sizable market swings. Should you manage your option trades differently in a market like this? You have to decide that for yourself, but it might be a good idea to explore your options (no pun intended). Adapting to a Crazy Market The market has been having some big swings [Continue Reading …](=) MTM Watchlist Here are a few trade ideas we will most likely look at in MTM’s LIVE Advantage Group Coaching class: SPY – This index ETF has been a winner for us in class. More vertical debit and credit spreads will be explored this week. How could we not, right? NVDA – We did several successful bull call spreads last week and after Friday’s pullback and will consider more. BA – After a couple of neutral calendars worked out so well, why would we not eye another one at the $200 level? More will be examined this week too. [image]( The strategies in this newsletter are for educational and informative purposes only. All information disclosed in this newsletter should not be considered complete in its entirety. Market Taker Mentoring, Inc. will not be held responsible for changes, oversights, errors or omissions. Dates, prices, news and other information may not be accurate. Please verify all information before trading. You alone are responsible for your own investment decisions. Options involve risk and are not suitable for all investors. Before trading options, please read Characteristics and Risks of Standardized Option (ODD), which can be obtained from your broker; by emailing investorservices@theocc .com; or from The Options Clearing Corp., 125 S. Franklin St., Suite 1200, Chicago, IL 60606. No statement in this newsletter is intended to be a recommendation or solicitation to buy or sell any security or to provide investment or trading advice. Traders and investors considering options should consult a professional tax advisor as to how taxes may affect the outcome of contemplated options transactions. Copyright Market Taker Mentoring, Inc. 2008 - 2024. All rights reserved. Reproducing or redistributing this content is a violation of federal law. [image] If you do not wish to be contacted via email, you can unsubscribe using this link: [Unsubscribe]( Unsubscribing from email notifications DOES NOT cancel your class, subscription or recurring payments. We recommend that current students do not unsubscribe from email notifications. If you unsubscribe from email notifications, you will not be notified on how to access the classes or subscriptions in which you are enrolled. Market Taker Mentoring, Inc. PO Box 117 Frankfort, Illinois 60423 United States