Morning Afternoon

I think we see strength in the morning and weakness in the afternoon. We have some economic data coming up later this week and closing positions at end of day. Gonna clear spy calls a little later this morning then load up on spy puts for the afternoon. We are gonna open up so should see a small profit on 20 contracts. Not going to big on the swing overnight trades because the possibility of getting completely wiped out.

Watch the dollar here. If we get any pull back on UUP to $22.15-$22.3 area i would buy it. You could even go into march $22.00 calls.

Also i think the action in C was a precursor of what we will see very soon. GS is a target also the REITS.

We could get some strength next week with it being option expiration week.