Wednesdays Can Bring Market Reversals
Two stocks and the action on their Put options today. Only 17 option contracts traded on them today. Traders are afraid to trade them. Wednesdays are often the best days of the week for market reversals. The second stock is one I also recently talked about. Netflix. Here is today's action. The stock is down however if you look at the chart the drop is barely noticeable. Yes there was some trading in this series of silightly "out-of-the-money" Puts.
.. Wednesdays are often the best day to look for these market reversals.
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