The market is quiet again… It seems no one wants to make any major moves until the debt ceiling issue is resolved.
We already know how they'll solve it — they'll simply raise the debt ceiling like always after much hemming and hawing and posturing! But still, the market needs assurance. It loves certainty. So everyone is waiting to see how the current situation plays out before jumping back in to resume business as usual.
Even though the market is quiet, there's still money to be made selling options. Especially options on the handful of companies on my watchlist…
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