Tiny Buys at new lows:
DVN at $40.00
NUE at $137.00
HES at $125.00
SLB at $39.00
BEN at $19.00
APA at $23.00
OXY at $50.00
#SP500 #FallingKnife
Daily Archives: Wednesday, September 11, 2024
SPY Expiration
Another good day when I didn’t have to roll anything 🙂
1 SPY 528/536 Bull Put Spread
1 SPY 532/538 Bull Put Spread
SPY 560/556 Bear Call Spreads
TQQQ,
BTO October 18, 65 calls at 4.00, taking a chance that the PPI will be an okay number and we are closing above the 5,8,and 10 day MA
SPX 0-dte trades for 9/11/24
#SPX0dte Sold to Open $SPX 5385/5405-5555/5575 condors for 1.35, IV 29.67%, deltas -.06 +.05, at 8:50a ET
CPI up 0.2% in August
From cnbc.com:
Prices increased as expected in August while the annual inflation rate declined to its lowest level since February 2021, according to a Labor Department report Wednesday that sets the stage for a Federal Reserve interest rate cut in a week.
The consumer price index, a broad measure of goods and services costs across the U.S. economy, increased 0.2% for the month, in line with the Dow Jones consensus.
That put the 12-month inflation rate at 2.5%, down 0.4 percentage point from the July level and compared to the estimate for 2.6%.
However, so-called core CPI, which excludes volatile food and energy prices, increased 0.3% for the month, slightly higher than the 0.2% estimate. The 12-month core inflation rate was 3.2%, in line with the forecast.
This is breaking news. Please check back for updates.
Options Bistro 