TradeKing Midday Market Call Recap: SPX, VIX, MSFT
Analysis on SPX:
Discussion from TradeKing Options Analyst Brian Overby:
Quick Take Pro Chart of the Day is Microsoft - (MSFT)
Technical tools used:
Brian Overby’s possible short term strategy based on Michael’s chart – MSFT – Back Spread with Puts AKA Pay Later Put
Possible alternative trade - Long Put Spread
TradeKing Options Tools used:
TradeKing Back Spread with Puts
TradeKing Profit and Loss Calculator
additional risks and multiple commissions