|HI globalwarmingisascam, |
"Weird Wollie Wednesday", created by Don Wolanchuk, references the Wednesday prior to options expiration. The observation made by Wolanchuk stipulates that this day is made up of manipulated price action which is primarily related to the faster deterioration of options premiums during the week prior to options expiration; many traders are rebalancing and rolling their options forward. Using WWW as a guide, it is not uncommon to see strong moves down in the market place on the Wednesday prior to options expiration week.
Options in one of four security classes will expire every month; stock options, stock index options, stock index futures, and single stock futures. Stock options and index options expire every month, single stock futures (SSF) and stock index futures will expire four times per year. Four times per year, all four security classes will expire; this is commonly referred to as "quadruple witching" and usually occurs in March, June, September, and December. Prior to the advent of single stock futures, this occurrence was known as "triple witching".
In the past, options expiration and especially triple witching would result in volatile swings as traders would scramble to cover positions and roll their options forwards; however, the recent changes in the efficiency of the marketplace over the past ten years have lessened the volatility of options expiration week. In reality, we now see a spike in volume but the exaggerated price effect due to the large trading activity is no longer there.
To view the options expiration calendar, visit the following site: cboe.com
-www.....could be a hi could be a low
- www to OPEX.....overbot to oversold......that is the normal......
- remember that the days into expiration it can look great one day and UGLY the next (like yesterday vs today)
For the Full moon VS maket I don't know see humble1
I follow more Bradley date == often turning point when mixed with WWW.
I have a program that scan news, texts, blogs on the internet for predicting market tunning point. ( human behavior)
Now , I trying to find if space weather have any impact on the market, (last month only , I don't know nothing about space weather, yet ;-( )
Because I think that space weather can have an impact on human behavior...
@@...trying to work on weather predictions
Wow, not easy to predict something ;-)
globalwarmingisascam you are welcome ;-)