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  1. Jeff Jewell
    February 14, 2020 @ 8:54 am

    Great study, Spintwig! When I trade my 2 trading day to expiration strategy, I have noticed that premiums are significantly higher for contracts over the weekend. My database shows that there is an edge for trades opened on Thursday close and allowed to expire on Monday. Sounds like you and I are thinking along the same lines these days!
    Nice to see that our results are indicating the same thing also. Have a great weekend!


      February 16, 2020 @ 6:17 pm

      Thanks Jeff! It sounds like the uncertainty of the weekend translates into a higher IV for late-in-the week options. Great to hear our independent research is agreeing!


  2. Erick
    February 14, 2020 @ 5:03 pm

    This is the way


      February 16, 2020 @ 6:24 pm

      I don’t have a Disney+ subscription yet 🙂


  3. JEI
    February 14, 2020 @ 7:16 pm

    Noice. So buy Monday at the close and sell Friday at the open to avoid the worst intradays, and you could buy at close on Friday and sell at close on Monday as well.

    This is really interesting! Thanks!


      February 16, 2020 @ 6:23 pm

      That could work!

      You’re welcome. Thanks for raising the question / idea last week.


  4. M
    January 1, 2022 @ 2:52 pm

    What I’m thinking here is use 1x of your portfolio to just buy and hold the market indefinitely to avoid cap gains, but use a little bit of margin, or perhaps sell SPX puts monday close and sell friday open, as JEI said. and then perhaps Friday close, and then Monday open as well. and then on top of that, sell a small sized SPX call intraday monday / friday intraday.


      January 3, 2022 @ 12:22 am

      Sounds like a viable strategy. Keep us posted if you implement it.


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