This Friday is Options Expiration (referred to as OPEX). This is also the quarterly OPEX which is called 'QUAD WITCH'. It can and usually does have an impact on the markets. Here is the current picture for the @StateStreetETFs $SPY ETF for this Friday via our market indicators.
1/ Max Pain for the $SPY for this Friday and a definition of what Max Pain is...
2/ Here is the Open Interest as of this Friday options for $SPY and a definition for Open Interest
3/ Here is the actual executed options trades for this Friday. You can see they form a bell curve. This implies that the market participants have positioned themselves around a pretty specific set of strikes for this Friday's QUAD WITCH OPEX.
To learn more and try out our App for free visit and dive into hundreds of articles on Options trading!

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with vigtec

vigtec Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @vigtecofficial

18 Sep
Scared to start investing?!? DON'T BE.

1/ Sign up to & create UNLIMITED PORTFOLIOS that you can practice investing with REAL-TIME stock, ETF, Options, and Mutual Fund data.


Trade in a REAL TIME environment and learn to use algos

2/ Real time trade tickets and order entries that simulate real brokerage systems - INCLUDING MARGIN!
3/ Real time portfolio allocation analysis and performance tracking. Press play algos that are prebuilt to help you better track your positions. Automated algo alerts that help you stay informed.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!