You Know It Is Options Expiration Week

You know it is option week when:

1. The U.S Oil Fund (NYSE:USO) drps with the U.S. Dollar Index and trades in an 0.80 cent intra-day trading range.

2. Apple Inc. (NASDAQ:AAPL) opened at $342.40 and found an intra-day bottom at $338.67 which was an hour an twenty minutes later.

3. The U.S. Dollar Index futures (DX M1) drop by 0.50 cents after the opening bell.

4. Cliffs Natural Resources Inc. (NYSE:CLF) trades below $85.00 on Monday, rallies back to $90.00 this morning, only to decline back to $88.00 this afternoon. The small retail options trader gets screwed again.

5. Netflix Inc. (NASDAQ:NFLX) trades in a 20 point range since Monday. Small retail options trader gets screwed again.

6. Goldman Sachs Group Inc. (NYSE:GS) downgrades Intel Corp. (NASDAQ:INTC) and the stock is in it’s first real up-trend in months. Meanwhile, Goldman stock is in a confirmed downtrend dropping over 10.0 points since May 11, 2011.

7. When the Federal Reserve’s POMO operation can’t move the markets more than 30 minutes.

8. When the institutional traders don’t have hundreds of mini flash crashes intra-day on individual stocks.

About Nicholas Santiago 575 Articles


Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets.

Visit: InTheMoneyStocks

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