Trades

Trade Findings and Adjustments 3-17-2020

Trade Findings and Adjustments 3-17-2020

 

OK lets work on what the rest of the week holds for us:

   We need a conviction – earnings, time frame for the slowing corona virus, Stimulus time frame,

   Down day tomorrow that should go back and test the lows

   Monthly Options on Friday historically is a down day BUT will there be a ton of short covering

   Will anyone want to stay in the markets over the weekend

   When will volume kick up on up days

   How far out will we be for total home quarantine

   When do grocery stores shut down for two weeks? For 4 weeks? For 6 weeks

 

YOU HAVE to have a premise on what you think will happen before you place a trade

 

End of Day we placed 250/240 Bear Puts

www.hurleyinvestments.com               www.myhurleyinvestment.com               www.KevinMhurley.com

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