This is the epitome of volatility!

The market looked like it was going to open up a little bit higher this morning.

Now, that was based on how it looked about an hour before opening.

When the market did open it went down, rebounded real quick, and now it's down over 200 points.

Watch Jack's Video HERE

That is the epitome of volatility right there!

That is also a sign of a confused market. That could be because of the CPI number coming Thursday.

The market doesn't know if it's on foot or horseback...

That being said, I hope you had the chance to sell some covered calls when the market had its rally because now you can rebuy that covered call, and make a great profit!

Now, when this CPI number comes out, there's going to be more volatility.

That could be the good news we are looking for, but I think the market is ripe for a bigger pullback.

So, if we get a pop on this CPI use it to get some covered calls, bring in some premium, and when the market drops back down you can cover it or let them expire.

The biggest takeaway is the options premium income trading is where it is at!

Let me show you my favorite strategy for doing that right now.