Happy New Year! 2021 is here!
I don't know about you, but I'm super excited for this coming year. I'm expecting volatility in both directions. And volatility = opportunity for options traders.
That said, let's not rush into anything. I know... if you're like me you're itching to start firing off trades.
But as the opening 90 minutes of trading has showed us so far today, things can get slippery fast as people and institutions start putting money to work and rotating money around in often sloppy fashion. This is pretty typical in the first couple trading days of any new year.
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