The first two days of this week completed a nearly text book Santa Claus rally. Then on Wednesday, it appears the Fed may have stolen his Sleigh and now his reindeer have no idea which way to steer!
This indecision has played out in the options market by raising the risk premiums being asked across a wide sector of index ETFs.
At times like this, I like to go hunting for premium-selling opportunities. And I've got one teed up so lets get to it!
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