Replies to post #325061 on SPDR S&P 500 (SPY)

[Morphius6]

Ever since Trump took over, there are these 100K players that show up the day before, and the day of, SPY option expiry and magically seem to guess what the SPY is going to end at.

hahaha....that's JPowell/Blackrock and team for you

But, seriously, I think the 100k strikes are driven by the institutional trading that day...volumes pickup when a option is trading between 0.25 and 0.65