Finally a some selling happening. A correction to 443 would be nice to the indicators catch up. CBOE had 49.4m contracts on the market exchanged a 20% volume spike from recent levels. SPY 4.52m puts 3.68m calls, a lot of 430 put buyers. Tomorrow we have the Nasdaq reshuffle plus options expiring 2.4 trillion worth of contracts. Me personally I’m taking the day off tomorrow Fridays are not my best days and with so much happening with options it’s to risky. Patience is not an ability to wait, but the ability to keep a good attitude while waiting.
As always trade what’s in front of you good luck
As always trade what’s in front of you good luck