timwest

SPY option expiration chart

AMEX:SPY   SPDR S&P 500 ETF
595 4 3
I have assembled this chart to graphically display and highlight the close of the SPY             on options expiration day. Options expiration is the third Friday over every month. Most charts only show calendar months, but I think this is an effective way to look at market action. The circles have a 2 point diameter, which is roughly the average daily range of the SPY             over this time frame. Notice how the market moves around these important dates. Quite often the expiration is a turning point.
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This is a nice visual layout
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nice thinking, consolidate both option and spy
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Thanks.
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very inspiring! I've prepared similar for QQQ. I wanted to make for RUT indicator, but I cannot find in the list, I'm new here.
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