Thank you (and ammo) for bringing this to my attention. I was aware of options expiration of course, so I knew there was a connection, but admittedly I did not know that SPY paid dividends on these days as well.
Do you trade the ES yourself Picaso, or do you just follow it for intermarket purposes? I`m asking since I have seen you post trades in the CL Redux thread, which is a thread I have found very much value in btw.