Wait to place a credit spread position until after the new home sales consensus?

Discussion in 'Options' started by l3randonf, Jul 25, 2010.

  1. For a weekly credit spread...should we be waiting to place our credit spread positions in the market until after the 10AM new home sales consensus tomorrow?

    I usually look at OEX since it is usually the only option with much premium and decent risk. I'm also wondering how this announcement will effect an index like OEX if at all?

    Here is the economic calendar...