- The Vanna and Charm flows will be supportive of the markets from now till 16th October Wednesday, which is the day where VIX call options will expire.
If you want to get invested or add to your position but are crying since you missed out on the last correction since the start of September, you be happy to note that seasonally, there should be some weakness before the election.
The chart above, compiled by All Star Charts, shows the current S&P 500 calendar year performance against the index’s average performance during election years. Observe that there are some dips during the election years.
If you want a more detail chart here is another:
It is a choppy two weeks.
The seasonality can be partly due to large market forces such as the actions of options dealers. This is the degree of support or weakness that I can gather:
