Friday, November 18, 2011

Afternoon Thread

All in all a pretty calm morning.  After the opening pop which was quickly faded the SPY settled into a range (121.90-122.50) with 1 move to the downside followed by 1 to the upside and as of 11:30 it's back in the range.  With options expiry today the afternoon and particularly the close could see some increased volatility.