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That Tempting Volatility

Steven Smith
Steven Smith
The Street.com
Top Market Analysis and Investing and Trading Ideas from over 35 of Wall Street's Best Minds including portfolio managers, traders and journalists – Try it 30 Days FREE.

We're back in the volatility cycle again, where it's an opportunity to sell premium.

The indices enjoyed a day of calm Monday, holding in positive territory with decent breadth, and today looks like it will start much the same way.

There is no economic data, so earnings news will be the focus. While one would think that we should see either a break to new lows and maybe a test of 1140 in the S&P 500, or a more vigorous rally at some point this week, the hopes for...

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