Tasty Cranberry Sauce AND A Trade

Hi Shoppers,

 

Less week until all you cooks out there will be called upon for your very best.

 

Thanksgiving Day, one of the biggest cooking and eating days of the year

 

Yum!

 

I have two things for you today — including a trade idea.

 

But first, the most delicious cranberry sauce recipe!

 

It is a far cry from the packaged jellied cranberry that wiggled out of the can and still had the indented rings on it.

 

Make it yourself or pass it on to your favorite cook. 

 

Cranberry Pear Chutney

Serves 8-10

 

Ingredients

3 cups fresh cranberries

1 cup sugar

3 firm pears peeled and cored

1 tablespoon lemon zest

1 tablespoon fresh squeezed lemon juice

½ cup fresh squeezed orange juice

¼ cup golden raisins

¼ cup dried pitted dates coarsely chopped (about 5 dates)

 

      1. Combine cranberries and sugar in a saucepan. Cook over medium low heat until cranberries release juices, about eight minutes.
      2. Cut pears into ½ in dice. Toss in bowl with lemon zest and juice
      3. Add orange juice, raisins and dates to cranberries. Raise heat to medium high. Stir occasionally adding pears when mixture begins to bubble. Cook, stirring until mixture thickens and pears turn red and are cooked through, about ten minutes.
      4. Transfer to a bowl and let cool. Refrigerate for up to 24 hours.

 

Cooking Up a Trade

 

Could the market possibly go down today?

 

I spy a possible hanging man in the SPDR S&P 500 ETF Trust (SPY):

 

 

I will wait for a confirmation of SPY opening and trading lower this morning before I make a trade.

 

If SPY does trade lower, I like going for a quick, inexpensive shot, so I will be a buyer of the Nov. 19 469-strike puts.

 

These will expire by the end of the day, so they will need to be closely watched.

 

 

I will pay up to $.80 for the Nov. 19 469-strike puts. Expiring this afternoon, these options will be decaying every minute of the day today.

 

So if SPY doesn’t follow through and trade lower, I will bail out of these right away.

 

I will hang on to these as long as the market continues to move lower and sell them by the end of the day.

 

Thanks for Reading … See You Next Tuesday!

 

Licia Leslie

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