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Sunday, February 11, 2024 10:02:41 AM
February Monthly Options Expiration: Bullish Weekly Tendency Fading
By: Almanac Trader | February 9, 2024
February’s monthly option expiration week has had a bullish lean over the past 30 years, but it has faded over the last four years. Weekly average gains fall in a range of 0.28% by S&P 500 to 0.44% by DJIA. Based upon the number of positive weeks, DJIA has the best track record. From 2006 through 2019, S&P 500 was up 12 of 14, but has been down the last four straight during February’s monthly expiration week. Monthly option expiration Friday and the week after have a bearish record with average losses over the last 30 years.
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DiscoverGold
By: Almanac Trader | February 9, 2024
February’s monthly option expiration week has had a bullish lean over the past 30 years, but it has faded over the last four years. Weekly average gains fall in a range of 0.28% by S&P 500 to 0.44% by DJIA. Based upon the number of positive weeks, DJIA has the best track record. From 2006 through 2019, S&P 500 was up 12 of 14, but has been down the last four straight during February’s monthly expiration week. Monthly option expiration Friday and the week after have a bearish record with average losses over the last 30 years.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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