Market direction?

Discussion in 'Options' started by Gimpyron, Oct 6, 2014.

  1. Gimpyron

    Gimpyron

    Greetings

    I'm a new memeber here in the social network and new with option trading aswell.

    2 positions i found interesting for investment: SPY, QQQ.
    i want to get in long deep in money positions for both of them, wait for 1 week for Estimated increases and later on sell 2 call positions a little above the money.

    Since both ETF's track index, i find myself very tense about the near term market.
    On the one hand crismes is coming (and historical 4Q is benevolent with the stock market)
    On the other side, global markets are very sensitive at the moment.

    I will appreciate your opinion.

    Ron