New Market Math: New Highs + Sustained Volatility = Short Calls

The 2020 trading year has been unusual, and it’s arguably getting weirder.  For most, the weirdness of 2020 has been illustrated through stock market indexes making all-time highs, set against the backdrop of a besieged economy plagued by record levels of unemployment.  But bullish trends in U.S. stock indexes (S&P 500, Nasdaq 100, Russell 2000) … Continued

Trading a 2020 Melt-Up

The 2019 trading year looks to be ending on a high note, at least for the three major U.S. stock indexes (S&P 500, Nasdaq, Dow), which have all notched record highs in the days leading up to Christmas.  However, that shouldn’t really come as much of a surprise, especially given that the two primary market … Continued