The Weekly Options Newsletter 07/03/2017

THE MARKET TREND IS SIDEWAYS | VOLATILITY IS HIGH

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The market is currently in a sideways mode so buying both puts and calls is a good idea right now. Volatility is relatively high so "at the money" options will be overpriced – try to focus more on "out of the money" options for the moment.

THE OPTION PICK FOR TODAY IS SFUN

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SFUN has been gaining a lot of exposure and this has resulted in it moving up despite the market being sideways recently. The best option pick right now is to buy a $3.00 Call on SFUN with an expiry date of 07/07/2017.

Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China.