Your English writing platform
Discover LudwigExact(2)
But this time around, investors were already scooping up downside protection in the form of puts as August expiration approached.
As so many investors fear during options expiration week, the markets experienced increased volatility last week as November option expiration approached.
Similar(10)
The panel's chairwoman, Elizabeth Warren, said that with the program's Oct. 3 expiration approaching, "this panel must know whether Treasury has carefully monitored the financial system to measure potential risks".
Later, with expiration approaching and the stock above the strike (this is a good thing), the put is selling for a much lower price.
In the February and April series, put open interest is notable at the near-the-money 65 strike, and could provide structural support as expiration approaches.
Furthermore, stocks trading in the money have a tendency to be drawn back to strikes with significant levels of open interest as expiration approaches.
Under "normal" market circumstances, the declining delta of these puts as expiration approaches leads to natural short-covering demand, which would argue for an increased frequency of "up" expiration weeks.
Economists said the data released on Monday suggested that buyers were re-entering the market as the expiration deadline approached for a government tax credit.
But, as the expiration date approached, Cisco's stock was nowhere near $15.
As these expiration weeks approach, those who sold the put positions could angle to keep these puts out of the money (i.e., propping Kroger above the 25 mark).
I don't believe there's some magical expiration date approaching, by which time she and I need to somehow do, or say, or pray just the right things to get them to "turn straight", or forever lose them to the other side.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com