Daily Note

A Little Pre Option Expiration Positioning

May 20, 2021

Thomas Thornton

  • There isn't a lot of news to propel the markets up today 
  • It looks like some dealer positioning ahead of options expiration tomorrow
  • Retail earnings continue to come in strong but the CEO's have no clue when asked about the second half
  • The note is brief today as I have a few meetings out of the office


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