Swing Trading Watch List – Oct 21, 2011
Options Expiry! It’s that time of the month, the third Friday. Markets tend to be pretty wild in the morning on options expiry as traders close out positions and hedge as their front month positions expire. I stop accumulating front month options about 2 weeks before expiry, this is because the theta (for one) dramatically eats away if you are long an option as we inch closer to expiry. Stocks to Watch on 10/21: Longs: CRI, DECK, GWW, STMP Shorts:…