Regarding 1/16 and other significant dates
Hello investors, speculators, and, of course, regards.
I have been exploring the world of options, against the wishes of those dear to me. They are probably right, but so far I am enjoying the new knowledge I am gaining, and the psychological turmoil that this world brings, but still I am learning to take things slower now.
I would like you to help me learn more about how markets move, in the context of special dates where many contracts expire like 1/16. Is there anyone that could tell me what usually happens around these dates, if there even is there any notable difference to you?
Take highly speculative stocks such as ASTS or SLS for example. If you look at the put/call ratio on this date there it shows extreme bullishness, meaning there are big losses to be made for hedgies if the price stays up. Can I expect the market makers to manipulate the stocks toward that value in order to avoid losing too much? Is max pain even real? Or is that a concept that schizoids made up to blame their losses on?
If you have any more advice for me, I would love to hear!
Thank you in advance