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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: mishedlo who wrote (83280)6/21/2002 6:06:01 PM
From: J L Segal  Read Replies (1) of 99280
 
M, how much of an effect does options expiration have on the following Monday's performance?
After glancing at the last year or so NASD closing prices, it appears there's a better than 75% chance
for a close down the Monday following options expiration, and probably over 90%
if the Friday expiration day closed in the red.
Is this as predictable as it appears?
I wonder just how much of the predictable selling is due to naked put holders selling stock
that was 'put' to them the Friday before.
Perhaps this phenomenon will support Zeev's turnips ;-)

BTW, I took a peek at the photos on your web site after reading someone else's comments yesterday
..... very, very nice. I especially like the Apostle Islands and Bayfield.
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