It was a good week for a move. I spent the first few days in the new place huddled around my laptop and cell phone hotspot waiting to be reconnected to civilization.
Thankfully, it’s been a slow week for the options market as there’s been no definitive trend in the market internals.
Earnings for most of the S&P 500 is behind us, and most of the bets we saw this week were junk meme stocks.
That should turn around next week with several major retailers reporting in the last full trading week before we hit the holiday shopping season.
We saw that flow start to roll in earlier this week, and I couldn’t refuse the opportunity to take a quick trade on a retail name seeing unusual options activity.
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