Monday, January 5, 2015

Tech Stock Volatility $AAPL $SPY $AMZN $BABA $GOOG

Tech stocks are showing price fluctutations here today.  For option traders looking to initiate straddle positions, this type of price action shows that it may be a time to consider one of these plays.  With most of these names down over 2% today, history has shown us that strong moves tend to lead to more strong moves, especially if the price will correct one way or another in the coming days.  I wanted to highlight these as moves to watch for you, though I am not advising any moves.  I am long all of these names except $SPY.

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