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Re: bbgold post# 18692

Friday, 12/02/2011 10:10:24 AM

Friday, December 02, 2011 10:10:24 AM

Post# of 18894
Weird Wolly Wed., the Wed the week preceding the week of expiration. Its Don Wolanchucks invention and it marks IMO the beginning of Max-Pain window, where if markets are way out of line on expiration, you see adjustments in price to meet Max-pain.
The exception being in strong trending markets, the trend direction will get a stronger move, IMO due to Delta Hedging in the direction of the Trend.
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