Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 689.10

0.0%

Jan 23 4:00 PM EST

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To: GROUND ZERO™ who wrote (16579)	3/30/2011 1:58:29 PM
From: KingHigh	Read Replies (1) of 222362

Quarterly SPX & ES options expire tomorrow. I noticed high volume today on the ES 1330 & 1335 calls, so the MMs might be using this opportunity to write calls with only 1 day to expiration & it could coincide with your VPs at those levels. I would not be surprised to see a 1 or 2 day small pullback before the advance continues.

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