Jan OpEx stood out with the largest ramp into expiration since July 2022. Overall grind down and flat into close after Europe closes.
Updated historical performance:
(All option payoffs on 1x notional position size)
1-DTE Full Day:
Overnight:
RTH - Close:
London Close - US Close:
Last 10 mins OpEx:
Post OpEx, generally see markets reverse the monthly cycle, overwhelmingly bullish bias:
Have a great Friday!