THE MARKET TREND IS UP | VOLATILITY IS HIGH
The market is currently going up so favoring buying 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 WFT
WFT has been gaining a lot of exposure and this has resulted in it moving up just like the market recently. The best option pick right now is to buy a $5.00 Call on WFT with an expiry date of 08/04/2017.
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