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Options Trading

TradeKing Midday Market Call Recap: SPX, DJI, NDX, VIX, MRK

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Recap for Tuesday, July 3 by Nicole Wachs

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Analysis from Rob Smith of Smith’s In The Black:

Discussion from TradeKing Options Analyst Nicole Wachs:

VIX

Smith’s In The Black chart for today is Merck – symbol MRK

Technical tools used:

Support / resistance

Nicole Wachs’ potential strategy based on Rob’s chart – MRK – Protective Put (Married Put)

How to Choose Your Strategy

Part 1: Your Outlook on Direction and News

Part 2: Your Outlook on Implied Volatility

Part 3: Aligning Your Outlook with the Greeks

Part 4: Option Strategy Cheat Sheet

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Protective Put

TradeKing Options Tools used:

TradeKing Protective Put

TradeKing Volatility Charts

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