In most cases option expiration mutes volatility but once in a blue moon it acts as an accelerant. Today just might be one of those days.


Anonymous said...

Do you think the financial's will continue to go much lower? I was thinking of a quick trade in FAZ. Maybe threw next week?

Tsachy Mishal said...

I dont really trade the financials. I liked Goldman but Im neutral now and I might short Citi again when the government starts selling.