Recently, the S&P ran out of steam when it could not remain above the 17 day moving average. With the Williams Percent R indicator showing a strong overbought indication on Oct 4th, the S&P has pulled back to its 50 day moving average. At this point, while the underlying technical behavior and slope remain positive, […]
Iron Condors are created by combining a Bear Call Spread (short 1 closer to the money call + long 1 further from the money call) with a Bull Put Spread (short 1 closer to the money put + long 1 further from the money put). The expiration months and increments between strike prices for all […]