I predict the market ends down today. There is way too much uncertainty for anyone to want to hold over the weekend.
I’m with you… Once everybody covers shorts/ buys stocks they need for option expiration we plummet
I love how the Fed/treasury market interventions always seem to coincide with options expiration week.
If we went down again yesterday and today, the put writers would be friggin broke!!!
no problem - the treasury would just insure them decreed: all puts out of the money will be paid for with taxpayer money.
i thought trading halted if dow is down 20 points on the day till Oct 2nd
too much strength here. i say we back off but still close up 2-2.5% on the S&P.
budfox427 Wrote: ------------------------------------------------------- > too much strength here. i say we back off but > still close up 2-2.5% on the S&P. you’re probably right