CRInvestor

SPY - Weekly options expiration and price action

AMEX:SPY   SPDR S&P 500
206 1 1
Continuing the theme of my most recent post, here is an examilation of SPY's price action             into weekly options expiration. Today's price action             in the popular ETF , SPY             is quite understandable if you look at it from a derivatives perspective. Since the advent of weekly expiration options, one can get a reasonable idea of where institutions want prices to end up at 11:00 AM pst three out of the four Friday's of each month (monthly expiration has a game plan of its own). Today, SPY             finished at exactly $186.99 on the 11AM bar... As with USO's action             , do you think SPY's action             was a mere coincidence???

If my charts help you, or you use my indicators...
please consider a BTC donation to allow me to
continue my work :

1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5
& follow me on Twitter @CRInvestor

Additionally, if you have questions about my indicators feel free to inquire as to when my next Google             hangout tutorial session is scheduled so you can ask me in person...
(or go here: https://www.google.com/calendar/embed?src=YTJscjJkcDYxdnJlYThubGgxcGQ0cTBqOTBAZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ)
Nice work!
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out