TRADING WEEK OCT 13TH-OCT18TH

With the two big inflation numbers coming out at the end of last week there was expected to be a fair amount of volatility. The most volatility came out at the beginning of the week. The intraday volatility for SPY last week was 5.33, 4.55, 5.16, 3.09 and 4.42. The hi-lo for the week was 13.70. Last week's 11Oct24 573 straddle at 8.90 was a slight winner, mostly due to last Monday's slight nosedive made that possible. The 18Oct24 579 straddle at 7.26 is much more affordable. U.S. Retail Sales comes out at 8:30am ET on the 17th, followed forty-five minutes later by Industrial Production. On the 18th Housing Starts comes out at 8:30am ET. Since these are middling numbers I'm going long the 18thOct24 579call butterfly at 0.85. On the 15th BAC, GS and C release earnings before the close. The following day MS releases before the opening, while AA releases after the close. On the 17th AAL releases before the opening.