Blackfriars' Marketing

Friday, September 21, 2007

Reminder: today is options expiration day in the stock market

For anyone interested in the economy and finance, I just wanted to post a reminder that today is the last trading day before September stock options expire. That typically means 1) lots of trading, and 2) lots of meaningless volatility focused entirely on intraday prices. I don't know if the market or Apple stock is going to go up or down today, but I do know that it has about as much economic significance as this past Wednesday's International Talk Like A Pirate Day.

Nothing to see in the market today. Just keep on moving....

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