Expiration Thoughts
Witching expirations only come around 4 times a year, and certain kinds of trades tend to work better in that environment. Let’s look at two I’m trading into Friday.
Witching expirations only come around 4 times a year, and certain kinds of trades tend to work better in that environment. Let’s look at two I’m trading into Friday.
The rate cut is anything but certain heading into tomorrow. I’d like to short stock indexes into next week, but ideally after making these upside targets.
I see the market being let down by the FOMC. The market won’t get clarity on the Oct and Dec meetings but we will get the 25bp cut. And that’s probably it. The timing is right for many indices and sectors to sink back into their choppy ranges.
Euro, gold, and bonds top the list of where I am looking for more opportunity in this pre-FOMC market uncertainty. My favorite? The Euro short.
While there are many interesting things setting up here, this is useful info.