MONDAY: Early indications show no follow through to late last week, but no bounce back either. My primary goal this week is to raise cash through assignments, sell calls and be better positioned to start the May 2014 cycle, rather than opening too many new positions.
TUESDAY: Great late recovery yesterday may be the story of the week. That has to inspire some confidence and even more confusion.
WEDNESDAY: Another impressive previous day’s close, but this time there looks to be early follow through, hopefully enough to bring us closer to rollovers and assignments to round out a diminshed new position week.
THURSDAY: An early end to the week may get off on a slightly negative note, but after a week of pleasant surprises, anything is possible to end this monthly option cycle.
“SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS