##Week40 Oct 6 Option Trade
On Oct 6, markets were RED, and then it turned GREEN. This is good for those looking for range-bound needs, like those using TIME DECAY to make money. GREEN is also good for any 401K (retirement) investor. The markets are still downtrending in the last four weeks.
Did we hit a bottom? Let's see what happens next week.
After several weeks of down-moving markets, sometimes we get a reversal equal to moving up. If so, can this be the beginning of the year-end BULL RUN that will bring needs between 4600-4700 in the S&P 500?
I added more risk to my VISA Iron Condor (that is part of my Social Media Option Challenge). Here is the trade I made, and I posted this after 4 pm EST. I usually post this within an hour of the trade, but I forgot that I made this trade until the end of the day.
This weekend, I will create the week-ending summary for week #40. It is the start of Q4, and we want to see how 2023 will end.
