In this episode of Stock Market Options Trading, host Eric O'Rourke recaps a wild week for the S&P 500, including a sharp sell-off, extreme volatility, and a bounce off key support near SPX 5800. 📉📈
🔎 Key Topics Covered:
✅ SPX range update: 5800-6200 🎯
✅ Bullish trades not triggering and why patience pays
✅ How Eric used iron condors to trade the chop ⚙️
✅ Why the Fed’s rate cut timeline is shifting 📅
✅ Key events this week: PMI, jobless claims, NFP, and Powell speaking 💼💬
💡 Pro Tip: When markets get wild, risk/reward matters more than ever—and Eric explains how he sizes his trades to survive big swings.
👉 Tune in for smart insights, trade ideas, and a clear game plan for the week ahead! 🎧
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Eric O'Rourke: https://twitter.com/OptionAssassin
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Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.