Futures were up, but now negative, so perhaps we’ve reached a consolidation area… but be leery of strong moves in either direction as action has been bullish, but a downside warning is still in effect from Friday. (In my backtesting, the correction low of $SPX can be anywhere between 1 day and 1 month after the first warning). I will look to sell Dec 17th put spreads near the open. Meanwhile, we can search for earnings trades in $ADSK, $FL, $GPS, $INTU, $ROST, $SPLK, $WDAY, $WSM. Trade smart!
Options Bistro 