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LOL. I don't look at charts or anything like that (because I don't yet know what I am looking at!), it just felt like the market was strong yesterday in the sense that if the bears still had control it should have faded hard yesterday like its done so many times previously after a rally of a...

Yea, by expire I literally mean the time when I the option purchaser can last exercise it, or the last point when I the option writer have to worry about the option purchaser possibly exercising it. Sounds like that it 5:30 ET on the day the option expires for U.S. equity options.

I'm on team notagain! :) But seriously, notagain, might you explain that chart to me and how you came up with the its at support conclusion? What is the blue line? Is that not supposed to be the support line? And is not the NQ below that line - would it now show that the NQ has blown...

Bear markets don't seem so tough to me - just do what Ken does and fade every single rally with a vengeance.

Might someone explain what the magic of 0DTE options are? I get that because they have little time left to run, they are cheap, but shouldn't the precise cheapness be priced in accurately? I guess my question is like MKTrader's - why would any pricing inaccuracies based on their little time to...

I'll be on my knees tonight saying prayers in the streetlight!

Well, that settles it, tomorrow will be a toilet day, Ken being a bear seals the deal. I am not here, I never made this thread.

Hey, I resemble that remark! :)

Hahahaha! EDIT - Oh, I thought you were making fun of me. I see now you posted a chart, that is awesome. Let's see what we do tomorrow - if we indeed puke I'll be pumping you for market calls from here on out!!!

Wow, options expiration days are that big a deal? Fuck it, I'm calling off this call, and I'm done making calls. Enjoy your lives everyone.

Shit. Forgot about that. Strange things, like generally in a good way or generally in a bad way?

Getting that feeling again today. By all accounts, the market should have tanked hard after the rally last few days if the bears were in full control again. But it didn't. Even came back a good bit at the end. Absent some bad news coming out tomorrow, it should be a pretty darned good up day...

Wow like if you are big time player they might let you exercise even after the small guys are cut off from exercising? Wholly crap if so, that would have to violate some kind of rules or laws or something!

Thank you rb7! Yes indeed, U.S. stock options. So its 4pm ET unless the market is a short trading day for a holiday or whatever, then its 1pm ET. Got it. Thanks!

what time is it on the 21st that it expires? At 4:00 eastern (close of market)? Or some earlier time? Thanks.

I second this question.

Heck, wouldn't surprise me in the least. We haven't even begun to see any meaningful effects of the recession yet. More rate increases, more earnings drops. Horrible earnings drops. Shit might get VERY ugly...

1. Swapping treasuries for "reserves" doesn't cause inflation if those "reserves" came out of the money supply. But when these "reserves" as you call them are newly printed money buying treasuries with those newly printed "reserves" clearly will cause inflation over the long term under the...

LOL, I see the confusion. I should have said "needed" not "need". My point was all they needed to do was stop the bond buying, not (also) hiking rates to Bolivia. Sorry for confusion.

Where did I say that they were continuing to buy bonds LOL?