A few things are making me nervous about this market run:
1. Oil making new highs on expanding economy. Wait, I thought oil was a commodity not a consumer staple.
2. An old time naked put seller V.N. has closed up shop again after covering his out of the moneys. Last time he was forced to cover back in 1998, we had a 5% drop the next month.
3. Talking heads confused once again how the market can go from bad to good in a few weeks.
4. No real interest in the MLB playoffs.
I like buywrites on some defensive names here.