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Daily Stock Market Equity and Options Trading Commentary

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Monday, September 14, 2009

Futures Looking Weak September 14, 2009

As of now the stock market futures are down across the board. I expect a volatile week as quadruple witching is Friday. There isn't too much data scheduled to be released Monday that could move the market. I will be looking to trade out of my American International Group (AIG), Harley Davidson (HOG), Visa (V), and Bank of America (BAC) September put options on weakness Monday. I believe we will see buyers step into this market on extended weakness, which is why I will be looking to close September put positions. As of now the DOW futures are down 73 points, S&P futures are lower by 9.10 points, and the NASDAQ 100 futures are down 12.75 points. Sphere: Related Content

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