7/11 – Income Trade Update

07/11/2008, at 3:55 pm

There is till too much volatility to consider entering an Income Trade for expiration.  Our favorite, GOOG, had another $20 swing today which is not the kind of action we want to see so we can feel confident of the outcome.

It is starting to feel like we may be near a spike in the VIX and some very heavy selling.  All of the rallies are having trouble late in the day so we shall see how these last few minutes go…

Coach BD

Filed Under: Alerts & News, Income Generation Trades