The Weekly Options Newsletter 07/10/2017

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 FOSL

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FOSL 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 $10.00 Call on FOSL with an expiry date of 07/14/2017.

Fossil Group, Inc. is a design, marketing and distribution company that specializes in consumer fashion accessories.