Things to consider before November limited-time trading
Hello, I am Nikkei OP trader and administrator.
Thank you very much for visiting this blog.
I would like to provide information that can be helpful to everyone, so please continue to support me.
Now, the theme this time isTowards trading in November contracts.
In the environment where the Nikkei Stock Average had shown a soft development due to the tense North Korea situation, it briefly surpassed 20,000 yen and then easily exceeded 21,000.
Under such conditions, Nikkei options have become centered on the November expiration month.
Below is the manager's personal impression as of October 15.
Imagining the strategy up to the November SQ in advance is important for option traders.
<November SQ: Friday, November 10>
☆ Until October 22, the House of Representatives election vote counting day
Since many believe the election is a buy signal, the market is expected to remain firm.
☆ Until the end of October
The higher the forecast EPS, the more likely the market is to move upward.
☆ After entering November
With domestic factors such as the House of Representatives election and upward revisions to Japanese corporate performance fading, U.S. economic indicators and December U.S. rate hikes will again draw attention.
Throughout the entire period, the North Korea issue could erupt at any time, so that point must not be forgotten.
Note) The above is my personal view, and is intended solely to improve financial literacy. Therefore, it was not created for investment solicitation. The final decision on actual investments should be at your own risk.
<Please click to support us. Thank you very much. m(_ _)m>