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S&P 500
5,344.16
(
0.47%
)
US TECH 100
18,024.00
(
0.56%
)
Dow Jones
39,497.54
(
0.13%
)
Brent Oil
79.49
(
0.00%
)
Bitcoin
60,847.76
(
-0.05%
)
Post# of 148479
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jdaasoc

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jdaasoc

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Re: Math Junkie post# 48801

Monday, 05/02/2005 3:08:28 PM

Monday, May 02, 2005 3:08:28 PM

Post# of 148479
Volume below average in contrast to Friday.

AG not going to say anything to intentionally tank market so I look for slow grind higher. They will take out 1164 within the week with short covering providing the basis for move higher back to 1180.
Then all bets off going into expiry. Two favorite ranges for expiry are within 5 points range of either 1150 or 1175 where there is more quantities of options written. Never underestimate the power of making the most number of options go to zero.
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