For the last month the stock indexes, interest rates, dollar index, and the commodity index have traded within ever shrinking ranges. This will not last forever and when breakouts occur, we could return to some bigger volatility. But for now, option writing has been working and should continue until the enviornment changes. On the other hand, futures trades need to be very short term oriented.
The exceptions have been gold, silver, and crude. Gold and silver trending higher and crude trending lower. Gold and silver continue to look technically like durable trends. Crude on the other hand, I'm more suspicious of continuing lower, but I won't call an end to it until the charts change.
There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results
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