Friday, February 21, 2014

OPEX Friday 2-21-14

It's the monthly option expiration Friday. Market usually behaves wildly and swings ups and downs. Today was no exception. But the closing caused a little concern. It closed at the low of the day. Maybe they didn't want to tackle the Jan high on a Friday. Seasonality implies a tendency of pull back. I didn't have any fill until cash closing. Had a March 7, 1735 filled afterwards.

CL finally had a down day of 0.5% providing some relief for my positions. My sale puts didn't get fill. I had to go to June's Start Luncheon. It was a joyful event. Grains are steady except soybean pushed higher before closing.

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