$4.2 Trillion in Options Expire Today

Its like all of the nails in your house will melt away at 3pm central time today.

According to Rocky Fishman founder of Asym 500, $4.2 trillion of options contracts, that include monthly and quarterly options expire today. To give you a visual, this is like the nails that hold your first and second floor of your house together will disincarnate at 3pm central time today.

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As of the close on Thursday, SP500 was up 1.22% finishing a 6% increase since the the start of June. WOW! What could go wrong.

The take away from all of this is that months ago markets where bearish and then Nvidia had a good quarter vs quarter earnings report and the AI narrative drove index’s higher. Today could be the start of the end of all that.

My Fed Meeting / OpEx 50% off Special will expire on Monday evening. Monthly subscription is $25. The OpEx Special brings that price down to $12.50 a month for the life of your subscription. Take advantage of this offer and support QQQTrades.Club!

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