Tag: "options expiration"
Opex Options Expiration
How to Trade OPEX (Options Expiration) OPEX brings many new risks to speculative traders that most other trading days do not. Simply put it is 1 of 4 days of the year (actually 3 days of 12 as the effects of roll over tend to last for 3 days) when all the larger institutional traders [...]
View PostEmini S&P 500 Futures Market Update 7/20/09
Futures Market Update The emini S&P 500 held a tight 7 point consolidation range throughout the entire day Friday. Continuing to hold these levels and reject the previous attempt to take out lower value shows the short term acceptance of the continued consolidation range traded of the last month. Now with options expiration behind us, [...]
Emini S&P 500 Futures Market Update 6/22/09
Futures Market Update After an interesting trade during options expiration week and quadruple witching, the trade should return back to normal today and prepare for the FOMC announcement later this week. The emini S&P 500 opened with a gap up on Friday and consolidated the overnight moves throughout the morning trade session and ground its [...]
Emini S&P 500 Futures Market Update 6/18/09
Futures Market Update On Wednesday of options expiration, the emini S&P 500 exhibited the typical range bound nature commonly seen on options expiration. The market gravitated to 907′s throughout the day with a test of higher value and no institutional participation at those levels. Also typical of options expiration, the market closed nearly unchanged for [...]
S&P 500 Futures Market Update 5/12/09
Futures Market Update After a few days of large ranges, the S&P 500 opened up with a 12 point gap down, caught its breath and consolidated the large moves over the last few trading days. The 916.50 level was critical to the upside and the level held throughout the day. We will closely monitor these [...]
S&P 500 Futures Market Update 4/20/09
Futures Market Update The end of options expiration came with a return to normal trade conditions. The market profile level of 858.75 was tested, held, and the market rallied for the remainder of the day. On a longer term basis, the test of 867 to the upside shows quite a bit of room [...]
S&P 500 Futures Market Update 3/23/09
Futures Market Update The S&P 500 gave up some of its gains on Friday after having a fairly choppy Friday hanging around the market profile lower value area of 779.50. During the lunch time trade, the market broke to the downside and ground its way down to Market Profile lows of 764.00. Today we [...]
S&P 500 Futures Market Update 3/20/09
Futures Market Update Yhe S&P 500 market gave up some of its ground gained resulting from the FOMC announcement yesterday. What was more interesting was the extreme indecisiveness and choppy price action in the market. This type of market behavior is common for options expiration week Tuesdays and Wednesdays. By Thursday of options expiration, [...]
S&P 500 Futures Market Update 3/18/09
Futures Market Update Yesterday , the S&P 500 displayed fairly 2 sided range bound behavior only to break out above the UVA and continue its trend long nature to the close. This market behavior was quite unique for a pre-FOMC and mid options expiration week which usually sees the market close unchanged. Today is [...]
Emini S&P 500 Futures Market Update 8/19/09
Futures Market Update The emini S&P opened yesterday with a gap up yesterday and filled the imbalance gap quickly after a choppy open. Once the gap was filled the market drove for higher highs trying to test higher value and fill the longer term gap from Friday. Overall, the trade was typical for an August [...]
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