An options trade to generate income during this market turbulence

The stock market kicked off August with a swift jump in volatility . I want to embrace this turbulence and use options to create income and potentially get long the broader market at lower levels. Confirmation of slower growth has been verified this week with an extremely weak factory activity number coupled with a troubling jobs number in July of just 114,000 new jobs.

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Click here for the full disclaimer.This energy stock is set for a breakout with oil on the rise again. How to play it with options

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Stocks’ Near-Vertical Climb Raises Blow-Off Top Concerns: Time to Take Profits?Stocks Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, Intel Corporation, SPDR® S&P 500. Read Michael Kramer's latest article on Investing.com
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