SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Suresh who wrote (18392)11/17/1998 12:58:00 PM
From: Clint E.  Read Replies (1) of 67980
 
Hello Suresh. Where have you been? The beast is alive looking to make new highs.

>>>this is the last week of option expiration of the month... not the first.

No. I've explained my theory/observation in the past and it works perhaps 9 out of 10 times. Stocks go up on the 1st options "expiry" week of the following month after there is a strong reversal. Since our reversal was in Oct, this week is the lucky week.

Clint
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext