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timwest
Oct 21, 2011 10:00 AM

SPY option expiration chart 

SPDR S&P 500 ETF TRUSTArca

Description

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.
Comments
evapavlikova
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.
timwest
Thanks.
kdkboy
nice thinking, consolidate both option and spy
stanbokov
This is a nice visual layout
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