The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again at optionalpha.com and welcome back to the daily call. Today, we are going to be talking about why the weekly close for stocks is always revealing for this one reason. The one reason for me is who's holding all the cards. I say this because when you get towards the end of the week and the global markets generally close down, people are left with the decision of what positions they want to hold through the weekend. Look. The weekends are not what they used to be. The weekends used to be calm and quiet and people used to go out to the park or fishing or whatever people do on the weekends now. But now, in this global economy, things still happen over the weekends. Businesses don't shut down, Amazon is still up, Facebook is still up and things can go really crazy over the weekend. People tend to not want to hold positions or take on undue risk in a potential situation where they can’t get out of a trade or unwind a trade over the course of the weekends. And so, for me, gettin