Arete Thursday Newsletter

Quadruple Witching Tomorrow. Be Aware

The Russell is the best index out of the major three. We mentioned this will continue to the end of the year. I see no reason that will change. $SPY and $QQQ both look great holding key levels. $ARKK is still hitting new highs and putting money to work. Our $TAK trade is getting ready to move. $CRSP and $EDIT are building a bull flag which is highly impressive. She has been adding $DOCU $PTON as well and you can see how they are doing. Software stocks look great across the board $COUP $CRWD $NET.

Most important is that Quadruple Witching is tomorrow. Quadruple witching refers to a date on which stock index futures, stock index options, stock options, and single stock futures expire simultaneously. ALL FOUR asset classes expire simultaneously. This usually leads to wild swings in certain positions that people do not understand. The day usually starts with more volatility and pins tighter and tighter until the end of the day. After 3:50 regulations change and you can see some upward pressure in the last ten minutes. Honor your stops and process. Just be aware and stick to your plan. There will be a lot of opportunity tomorrow. There will also be a little more risk due to the volatility and playing against 4 different asset classes of traders all of whom have different positions.

Lets look at $TNA our index trade.

Lets look at our stock positions

As always all investment decisions are made by each person. We all have our own process and risk tolerance.If you do not see a stock on the list that was previously on here and you have questions, please message me on Twitter. If you are following the newsletter, add me on twitter @aretetrading. The twitter feed is an extension of the letter. Thank you again for your messages on twitter about how this Newsletter has improved your trading.

Quad witching Tomorrow! Lets finish strong

Happy Trading !

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