S&P 500 | Index Options | Forum

I wouldn't buy it here. I'm waiting for some clarification around Greece before I make a move on the market. I think this is the right thing to do with all the uncertainty around Europe and the weak economic data from the U.S.

I agree with nech0veka. Today the S&P 500 bounced from the lows it reached yesterday and I am seriously considering to "put" here. I am not expecting anything major, but a retest of the lows seems probable

So Arbitrageur, did you buy anything last week. The end of the month is nearing. I bought some calls close to the bottom and I am sitting on some pretty good profits right now

I would wait, you don't want to make a hasty decision and then regret it. I'm also waiting for a break above 1330

Not after Friday. Man, what a slaughter of bulls.

"Put" is the answer   Especially if you have a take profit feature. Recently I profit from end of month put options and when the trade goes deep in the money I take the profit and enter again.

I agree ecr, at least in the near term I think we will see some relief from the selling pressure.

Or maybe after Greece elections

growing expectations of stimulus package is backing market. spanish bank crisis if handled well S&P 500 could move in upper vertical direction now.

Agree, it is difficult to make predictions before the Greek elections.