Trials and tribulations of my stock trading and investing experiences. Lessons learned, both good and bad...that will hopefully benefit others.
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Thursday, January 17, 2008
Options Expiration
Options expiration is this week, so I am expecting at least a few days of increased volatility as people scramble to get in/out of their respective short and long positions. I am looking to sit on the sidelines unless something falls directly into my wheelhouse. I still have my Jun 53 put position in the qqqq's and feel there is some more downward pricing to follow. The Feb 30 calls on the VIX have large volume, so why buck the trend that seems to be presenting itself.
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