[RedDuke]

Originally Posted by Soultrader »

It was Kospi200 options expiry on the 14th, last trading day of Kospi200 options. The expiration date is the second Thursday of the contract month.

How often do options expire?

[diablo272]

Options expire once a month generally speaking. In the case of the Kospi 200 options, I believe they expire once per month, and there are 4 contracts trading at once, (current month + next 3 consecutive months).

[sevensa]

Originally Posted by Soultrader »

It was Kospi200 options expiry on the 14th, last trading day of Kospi200 options. The expiration date is the second Thursday of the contract month.

James, when does Kospi futures typically roll-over? I can find the expirations dates on KRX's website, but cannot figure out when they roll over.

[RedDuke]

Originally Posted by diablo272 »

Options expire once a month generally speaking. In the case of the Kospi 200 options, I believe they expire once per month, and there are 4 contracts trading at once, (current month + next 3 consecutive months).

That is what was my understanding as well. This can not explain choppy market, since this choppiness was not there during last few expirations.

[diablo272]

Originally Posted by RedDuke »

That is what was my understanding as well. This can not explain choppy market, since this choppiness was not there during last few expirations.

In my experience the choppiness can accompany expiration, or sometimes it doesn't, just like anything else in the markets. Just because the two aren't always found together does not mean that expiration can't cause the chop. It seems to me it would depend on how the large holders of front month options are positioned relative to the price of the underlying, along with many other factors.

[programmer]

What do u guys think?

[diablo272]

I have no idea how to read that chart. Looks like it suggests a long entry, since all the lines are pointing up?

[AgeKay]

Same here. It looks too me as if the chart program took an overdosis of crack and vomitted random lines and text.

I am just kidding Maybe you could explain what all of this on your chart means?