The Market Chronicles

The Market Chronicles

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The Market Chronicles
The Market Chronicles
Draining
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Draining

Liquidity is leaving the marke

Michael J. Kramer's avatar
Michael J. Kramer
Apr 20, 2023
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The Market Chronicles
The Market Chronicles
Draining
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The stock market declined today, with the S&P 500 dropping around 0.6%. The day's trading was characterized by fluctuations, which have been common recently. Tomorrow is the options expiration (OPEX) event, where the S&P 500 monthly options will expire at the market's opening. This is expected to result in gamma being released, potentially giving the market more room to move. Additionally, individual stocks and ETFs will expire on the close.

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