TRADING WEEK OCT28TH-NOV1ST

Last week the intraday trading ranges for SPY were 4.25, 4.12, 7.29, 3.37 and 6.38. The hi-lo for the week was 10.43. This week there are some big numbers coming out, and of course the election is coming into the homestretch. Consumer Confidence comes out at 10:00am ET on the 29th. GDP comes out the following day at 8:30am ET. On the 31st Personal Income, Personal Spending and the PCE Index come out at 8:30am ET. Twenty-four hours later the unemployment rate, non-farm payrolls and and average hourly earnings come out. I went with the SPY 1Nov24 579 long straddle at 9.60 even though it was 3.43 higher than last week's at the money straddle. F releases earnings after the close on the 28th, with MCD, BP and PYPL releasing before the opening on the 29th. SBUX and ROKU release after the close along with the big daddy, MSFT on the 30th. On the the 31st SHEL and DINO release before the opening while INTC, AMZN and AAPL release after the close. CVX and XOM release before the opening on the 1st of November.