When Euphoria Hits

2019-06-20 / Danielle Shay

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We aren’t at a euphoric state just yet, but the low put call ratio is a huge heads up that at the very least, a pullback in the market is coming. I’m placing my bet on the SPX, since the NDX looks like it still wants a new, all-time high. It may not come tomorrow, as we still have triple witching to deal with, but hedging as we get into next week makes sense. Here is how I’m doing it.

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Danielle Shay

Danielle got into options trading after being introduced to Simpler Options by her father several years ago when she needed a career change. She was determined to become a trader so she could work from home with her infant son, make money on her own terms and learn a skill that will last a lifetime. Trading was a rough road in the beginning, but with a lot of studying and hard work, she’s now exactly where she wants to be. She’s a former teacher and translator, having taught elementary school in Costa Rica, and ESL to refugee women in the US, and various youth programs. Teaching and helping others is her passion, and now she’s turned her attention to helping aspiring traders learn this amazing skill.