Even though there is still a lot of panic in the financial media, the market is still in a range, just moved to a lower range. Due to two opposing forces: fear from a crush and greed from better economic indicators, the IV is very high. Until the market decides on a direction – this will be very profitable time for income strategies. Traders just need to manage their risk.
Looking at the chart – There is a support level 186 and resistance at 200. Market widget still has a bearish tendency, but is neutral. The IV is still high
Here is the current market sentiment trend:
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The dividend capture watch-list:
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