#optionspreads

The downturn in the 2022 markets began on cue – the first week in January. And by the end of that first month, I  was already falling down the “Correction” rabbit hole. I am ending this year with a frustrating loss of 41.3%. But I still have a couple of bucks left, so I’m still in business! 

At what point do I need to sell an ITM Spread early for a loss or just let the Option be assigned? This month’s Trade Journal will revisit the Good, the Bad, and the Ugly Options Assignments should play in my Vertical Spread strategy.

The US economy is being swept into a recession. But instead of continuing to pile out of the markets, it appears that fear-fatigue has set in as Marketeers seem antsy to get back in the fray. So, this week is Antsy Trade Trudging.

The Politics of Division has put our country in a bleak, dark, and scary funk. Where is Reagan’s “shining city on a hill?” What happened to Obama’s “There are no Red States, no Blue States, just the United States?” We desperately need a national Unifier-in-Chief for 2024.

In my longing to see a sustained market rebound, I have to be careful not to confuse the beginning of a new bull market with a bull trap.