Coach Mark here.

Today is a massive options expiration day. How massive? How about in the tune in of $4.9 trillion dollars’ worth of options expiring today. No small amount, right?

Days like today traders and investors are making a lot of decisions around options expiring. Every Friday (and during the week on major indices) options expire. Sometimes they expire in-the-money and sometimes out-of-the-money and sometimes on Friday they are right at the money creating some interesting decisions as the trading week ends.

These decisions do not need to be complicated. They should be straight forward and according to your rules. It can take some time to develop these rules but we can help.

As 4.9 trillion dollars’ worth of options expiring today, take some time to register for the upcoming covered call webinar happening this coming Tuesday at 8:30 PM EST. You can register for this webinar here. Days like today should be rules based on our options decision and we will help you with some of those rules (and have a whole lot of fun) on this amazing class Tuesday night.

Have a fantastic Friday.

Chart of the Day: Gold Futures (/GC)

Everything is partying and it is going to be really interesting in what charts develop new patterns as things become more orderly.

Today’s line up

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

Cashflow Club 8:30 PM EST

Held every Thursday before Friday’s option contract expirations, this show helps you perfect your favorite cashflow strategies.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only the coaches at Tackle Trading can deliver.

Financial freedom is a journey

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

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