In today’s briefing:
- EQD | S&P/ASX200: Ideas to Profit From a Directionless Market

EQD | S&P/ASX200: Ideas to Profit From a Directionless Market
- The S&P/ASX 200 INDEX has been stuck in the 7000-7400 range for the past 16 weeks.
- If the index continues to be trendless for some more weeks, it’s possible to profit from repeatedly writing Covered Calls against ASX 200 index holdings.
- Strike target areas for Covered Calls begin in the 7319-7409 (July 20 expiry). Deeper OTM Strikes are safe, but the premiums are smaller.
