143: This Week In The S&P500: Volatile Trading Range
In this episode of Stock Market Options Trading, host Eric O'Rourke recaps a wild week for the S&P 500, including a sharp sell-off, extreme volatility, and a bounce off key support near SPX 5800. ππ
π Key Topics Covered:
β SPX range update: 5800-6200 π―
β Bullish trades not triggering and why patience pays
β How Eric used iron condors to trade the chop βοΈ
β Why the Fedβs rate cut timeline is shifting π
β Key events this week: PMI, jobless claims, NFP, and Powell speaking πΌπ¬
π‘ Pro Tip: When markets get wild, risk/reward matters more than everβand Eric explains how he sizes his trades to survive big swings.
π Tune in for smart insights, trade ideas, and a clear game plan for the week ahead! π§
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Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.