Market Analysis for Feb 3rd, 2023


UNG vol is sky high. I like selling $4 Jan puts for $38 and higher, CASH COVERED NO MARGIN. I don't need UNG to even bounce. I just need the freak out session to stop. Food for thought. The trend is down. I don't want to get in the way of that with shares quite yet. 

Ryan Wilday hosts the Crypto Waves service on ElliottWaveTrader.net.


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