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August Option Expiration, DJIA & S&P 500 Down 6 of Last 7
By Almanac Trader | August 11, 2017



Next week is options expiration week and mid-August is often better performing than the beginning and the end of the month. This strength is punctuated with a three-day string of bullish days running from Tuesday, August 15 until Thursday, August 17. A bullish day is defined as a trading day in which the S&P 500 has risen greater than or equal to 60% of the time over the past 21 years. Unfortunately, this bullish cluster has not always resulted in full-week gains during option expiration. Both DJIA and S&P 500 have suffered a weekly loss in five of the last seven August expiration weeks.





http://jeffhirsch.tumblr.com/post/164068867983/august-option-expiration-djia-sp-500-down-6-of

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