Monday, January 11, 2010

1/12 Lookahead: Ciao, January options! International trade

My main task on Tuesday will be to finish closing out my options positions that expire at the end of the week. I attempted to close my KO iron condor, but it's deep enough in profitable territory that there is no market for it.

One major economic report: International Trade, at 8:30 a.m. EST (5:30 a.m. PST). It's a big deal for forex traders and stocks of companies that depend heavily on exports.

Three more trading days for the January options; 38 for the Februaries; and 66 for the Marches.

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