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NASDAQ Down 13 of 18 February Option Expiration Day Before Presidents’ Day Weekend

Much like trading
before Presidents’ Day Weekend
February options expiration day has improved
the last 11 years. But when the two events landed on the same day 18 times over
the past 32 years it has not been a bullish combination. Action has been better
the last six occurrences with DJIA up all six times 2011-2013 and 2017-2019
with an average gain of 0.47% on the day. But NASDAQ has not fared as well down
13 of the last 18 times with an average loss of -0.61% and down three of the
last six with a puny average gain of 0.07%.

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