Performance Of The OPEX Week Of September

Next week is OPEX week (options expiration), and it’s also quadruple witching week.

How have the markets performed that week?

Let’s have a look at S&P 500 (SPY) and how it performs for the respective months during this week.

Trading Rules

[am4show have=’p2;p3;p58;p59;p130;p138;’ user_error=’Premium Post Access’ guest_error=’Premium Posts’]

We enter at the open of the Monday of the OPEX week, and we exit at the close of OPEX day or after four trading days:

[/am4show]

The first column indicates the month; thus, September averages 0.27% for the OPEX week.

The equity curve is erratic, though: