Exactly what we expected for options expiration: nothing. The market held in an ES 4 point range until the last 90 minutes or so. One call looking to fill the gap triggered and didn’t work, and there was no reason to try anything else. See ES below. Back to it Monday.
Net ticks: -7 ticks.
As usual, let’s start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today’s session:
ES:
Triggered short at A at 1788.50 and stopped. Didn’t re-enter: