Fast Money Blog- 6/18/21

This week we saw volatility continue in the U.S. stock market. Institutional traders still refuse to surrender to the Federal Reserve’s commitment to not raising long and short term interest rates. Simultaneously, stocks like Advanced Micro Devices, Inc. (AMD), Chewy Inc. (CHWY) and Pinterest, Inc. (PINS) have all begun to retrace.

As a volatility trader and covered call writer, your best trade in this market will be to sell 30-day covered calls and remain patient.

Stay Open! Stay Positive!

Tyrone Jackson, The Wealthy Investor