Expiration Gap

Daily Continuation

Discuss the expiration gap and some of the history regarding the premium for the Nov contract in the Weekly Section. Would not expect the gap to be closed immediately (perhaps if at all), but the market does not seem to setting up for a rally into the Q4 as it does historically. Would expect the Nov prompt to establish a range just as the previous five contracts have done trading as prompt.

Major Support: $3.06, $3.00-$2.97, $2.843, $2.727, $2.648
Minor Support :
Major Resistance: $3.16, $3.192, $3.25-$3.31,$3.39, $3.62, $4.168, $4.461,

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