By Lawrence G. McMillan
The feature article was designed to be a piece about the January Effect (the period of time when small-caps outperform big-caps, after tax loss selling has ended). But the study revealed some new facts about seasonality, and we make a modification to our Post- Thanksgiving trade because of it.
On page 4, there is a description of some new volatility products, including the Short- Term Volatility Index ($VXST). Our indicators have turned bearish, but $SPX is holding at support. If it breaks support, then we’ll try a trade from the short side (pages 6, 9).
We got a chance to update our study on the 3x ETF strategy that we have been using as Position W2. This study revealed a problem with the way those positions have been implemented (page 7).
A naked put write in NSM is on page 8. On page 9, there are volatility-based trades in Sugar and NKE. On page 10, there are put-call ratio-based recommendations in AMZN and FXI.
Read all the articles and get the complete trading recommendations by subscribing to The Option Strategist now.
© 2023 The Option Strategist | McMillan Analysis Corporation