options expiry thursday, page-50

FS, i's normally is the third Thursday of the month as long as the next day after the expiry is a Friday and in the same month, otherwise the expiry is the week before. You must have a Friday of the same month for options settlement.

I agree price and gyrate wildly on Friday after options expires as they're settling their open positions and it's interesting comment from JWM which I did not realise since I have never leave an open position for exercise.

Anyway, spi is pushing up bullishly now not sure for how long but China is down over 2% because Warren Buffet says "caution on China market".

In theory, Europe should rally as Dow recover but watch Asia for confirm Europe opening and China GDP & CPI data out later on today.