Fat Arby

Leap Year Trading Slightly Negative on Average

I have a theory about this; it's very interesting because, although new to options, I got C R E A M E D in the February series. I mean, I couldn't have given enough money away to my neighbors as I lost to options! This month, options go one week longer, so options have that much longer to establish some sort of position! I mean, two 1/2 or something trading weeks in Feb vs Five weeks in March! It's like getting a free month so there's a lot of activity and the bulls have a tough time keeping prices up so the puts start to gain momentum. That's my take on it, anyhow; Besides, it may be a geo-economic event, like a lunar eclipse and solar flares and the harvests or something, go figure...