Start with the End in Mind

June 20, 2008, Friday

$23.33 on 3,400 shares traded.

Today is quadruple-witching day, and to Investopedia.com, it’s when “contracts for stock index futures, stock index options, stock options and single stock futures (SSF) all expire. Quadruple witching days occur on the third Friday of March, June, September and December.”

To me, it simply means changing my chart from ESM8.NA to ESU8.NA (that’s the symbol for the S&P futures). Goodbye ESM8.

Most significantly, today was highly, no, extremely volatile, especially with Walmart, so despite some big losses there and then, I managed to climb higher by 11:30. I decided to stop trading then, and went instead with my college barkada for a weekend chat. Sweet.

~ by figsch on June 21, 2008.