Copyright 2024 Yang Market Research
Unusual to see the S&P500 close higher every day of options expiration week. Only 19 occurrences since 1990. The last ten times in a row, and 14 out of 19 since 1990 led to a lower S&P500 close the following Monday. Losses were typically small, usually peaking at the 0.6% level. Gains were typically large on the few occasions they did occur.
Copyright reminder: This research note is for subscribers only. Redistribution in whole or in part is prohibited