For at least the last 6 months, the bias in all but one occasion (August) for heading into options expiration (3rd Friday of each month) has been bullish, serving to roast the put holders. Will November be more of the same or another outlier such as we had in August just before the meltdown? Horizontal lines on this daily chart mark the OpEx days, with next the November standard options expiring at the end of trading next Friday.
OpEx Ramps: Will Next Week Be Different?
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