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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (3206)6/16/2023 3:23:55 AM
From: Bull RidaH  Read Replies (1) | Respond to of 4432
 
Thanks for the important reminder that today (Friday) is June option expiration, where MANY shares will change hands due to many calls expiring in the $$$! This phenomenon tends to drive prices further in the same direction on expiration day, along with the following 2 trading days. What would your systems say about the chance of a 5-7% rally by next Wednesday’s close?

We still need to reach 4840 by next Friday. 425 points in 5 full trading days, or 85/day. Would you have a problem with us doubling up tomorrow & Tuesday?