 Hey everybody, it's Harish Swaminathan from optiontiger.com and in this video I want to talk about trading SPX options on the day of expiry and As you might know nowadays, we have three expires every week. We have one on Monday We have one on Wednesday and we have one on Friday And so this presents some very very explosive opportunities on the day of expiry We also know that SPX is an index option. Therefore, there's no assignment risks and It's also a cash-settled option So we don't need to worry about whether the option is in the money or out of the money as long as We have a profit we can we can close the position and even if it's in the money We don't need to worry about it. The key in these last day of expiry is to keep your risk low And if you approach it with a methodology, there is some explosive opportunities in these SPX options on the day of expiry So we're talking about three times a week and we are also talking about a couple of different kinds of trades that are possible during the last day of expiry of these SPX options So let's talk about some basics as to how we approach these opportunities And as we said the SPX has no assignment risk and it's a cash-settled index So we don't have to worry about options going in the money The pre-market action can in many cases produce a lot of clues as to how the opportunities might develop But of course it can change we know that and the morning session approach is different from the afternoon session approach So we've got we've got two kinds of trades here and we have to apply both these trades in a judicious manner so that we can take advantage of these opportunities and Obviously option prices are low as it's the final day and that's a big big plus for us And so automatically we get to keep our risks low But of course time decay is a huge factor and so is gamma and gamma will be working in our favor at this point So a systematic approach can produce explosive results and we know that this comes up three times a week So there's a lot of opportunity in these final expiry day opportunities within the SPX options Of course profit protection and loss mitigation is key because these moves can happen very quickly and And of course if it goes against you then you want to be prepared with your loss mitigation techniques So as a follow-up to the day trading class I want to have a class on on the SPX expiry day trading class And so this will be a two-part class on Jan 31st 2018 there'll be a morning session from 9 15 to about 11 and an afternoon session from two to close It'll cover the different trade types that are the best suited for this kind of explosive opportunities And of course it'll come along with the risk mitigation methods the option Tiger insiders members have free access and it's 79 for non members I'll be uploading some more videos on the course page itself and these will be prep videos Which will be uploaded by Jan 29th. So for more information you can click on this blog post Or click the link in the video at the end and that will take you to the page where you have more information. Thanks