January 4, 2019

A Walk-Through Of One Of Our Signals

A big market rebound across the board after China’s commerce ministry announced that vice ministerial-level trade talks with the U.S. would be held on Jan. 7-8, as the two sides look to end a bruising dispute. The development was bolstered by positive data from China’s services sector, with Caixin’s services PMI jumping to a six-month high of 53.9 in December. Chinese Premier Li Keqiang also flagged further policy easing, while the PBOC cut banks’ reserve requirement ratios for the fifth time in a year.

*Source:  Seeking Alpha

Here is a quick walk-through on how things happen in our Short-Term Options Trading Room.  Click the video below for a break-down:

 

about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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