In this week’s Saturday issue of HNI Market Commentary and the HNI newsletter, we discuss the effects of the Oct OPEX on Friday’s price action. This week, we were look for a lift in markets due to dealer’s wanting markets at a higher level. We saw that play out yesterday. Today we go over those dynamics and look ahead to the Nov OPEX and possibilities of risk events between now and then. We go over price action’s proximity to the option flip point and what it means for markets.
We also cover yesterday’s WSJ leak and what it means for the FED. Seasonality comes into play next week as do buy backs. Catch all the details in today’s issue of HNI Market Commentary.