Historical Stats for OPEX Week

Table 1 highlights OPEX week performance over the past 11 years. The Tuesday of OPEX week is by far historically the strongest day of OPEX week (note markets are closed this coming Monday). Weakness tends to creep in starting Wednesday, which is usually VIXperation, but sometimes VIXperation falls a week later. Weeks when VIXperation happens two days before OPEX tend to see a weaker Thursdays.