I don’t know how it’s going to affect gold stocks or certain over bought sections but heads up. learned this info from a fellow Wisconsinite.
19 th is called quad witching. When quarterly weekly monthly and futures contracts all expire on the same day
A ton of premiums of expired options will fall off the books that day.
Since it’s been extremely bullish people been buying tons of call options so all these big institutions want to drive down the prices so all those call options expire out of the money and they get all that premium for free and after that passed they don’t care anymore and they can let the stocks go back up basically.
Quad Witching in play
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.