Options traders must be aware of quarterly expiration on Thursday, June 30th. There are similar structures on the S&P 500 (SPX) between this week’s structure and the structure in March 2022 (the previous quarterly expiration).
We’ll observe the short-term and long-term structure and price movement we could expect heading into the rest of the year.
In the video above, we’ll lay out potential plays on SPX and review names on our watchlist including XLE, XOM, CHK, and more.
Stay Focused!