This week, I’d lean toward option (a): deploying a short-term Iron Condor on SPY. After a strong September run and mixed macro signals, markets appear poised for range-bound consolidation rather than a directional breakout. Volatility remains slightly elevated, offering decent option premiums while implied moves suggest contained price action. A well-defined Iron Condor around key support (~520) and resistance (~540) could monetise time decay if indices drift sideways post-quarter-end rebalancing.
As for Intel’s momentum, the recent 30% surge already prices in optimism from NVIDIA’s stake and Apple partnership chatter. Chasing here risks buying into euphoria without confirmed earnings follow-through.
Lastly, portfolio review is always wise: rebalance after September’s rally, trim over-extended tech exposures, and raise modest cash or short-term Treasuries as a defensive layer. In short, I’d trade volatility, not momentum, while quietly fortifying core holdings.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments