Michelle B submits: Having read a few comments at trading blogs—OK, I have read zillions—I have encountered more often than not, a frenzied, harried, stressful approach to time when one is trading. Some feel the demonic pressure crushing them as soon as the market opens; others feel enervated by its demands needling and pinpricking them [...]
Why I Avoid Options Expiration
A little while ago I was asked why I take the last two days of options expiration weeks off. I know I’ve mentioned the reasons several times and they’re scattered all over the site so I’ll list them here: There are usually strange things that happen during expiration week. I’ve seen what appeared to be [...]
Let’s Play Pin the Stock to the Strike
Here we go gapping up again. -sigh- I certainly don’t trust this gap since this is a Fed interest rate decision day and it’s options expiration this week. Whether the pop sticks or not, I’ll be sitting on my hands until after the Fed decision. The market continues to act poorly — selling off in [...]
