Its expiry day on the ftse cant see anything on the dax. I will...

Its expiry day on the ftse cant see anything on the dax.

I will just put a chart for now. Levels I am interested in are cbol and cbos. Expiry spikes to there will be fantastic.

The ftse goes off at 10:10. The plan is to fade the spike back to the 10:10 open time. So what happens is trade is stopped and expiry goes off and new prices are recorded from the options. Why this works, no trade was done and a gap is formed the gap has to fill. The spike can be small 5 points big 40 points. I like the 10-12 up to 20. They can be fast or slow jittery or smooth. Up or down.

I will have a look at some levels closer to the trade.

At the open a spike up might occur if its bigger that 10 points I will fade it. 70% hit rate. Expiry fade, 5 years only fail and did not get too hurt.