General Options Blog

My Strategy for December

We all know that December is seasonally a strong month, one of the strongest of the year in fact. What many do not know is that the 1st two weeks of December actually have a bearish seasonality. We are seeing that right now, as the SPY opened the month down .75%. Despite the fact that there are a few technical indicators that are bearish (such as the RSI being near 70 which is overbought and the MACD rolling over)I think that this mini dip is setting up nicely for many long trades into year-end. In the article I will go over a few observations that I had today and how I plan to act tomorrow and the coming days.

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