FebWk3 (aka Feb13) happened over the traditional Chinese Lunar New Year period. It's significant for us Singaporeans as it is for Chinese people all around the world. So I would assume people are celebrating their holidays and the markets as well is probably reflecting that as well.
I was looking for a Put Spread in fact, my own trade for Gold. I queued $153/154 $0.04 but unfortunately the trade wasn't filled. It would have been a good and safe trade if it was filled on Friday 15 Feb. Interestingly though on Thursday night (SG Time), I was actually considering a Call Spread for the SPY at $154/155 0.05. It was there available for the taking, but admittedly I was kind of "chicken". I didn't want to take that risk, and in the end, it wasn't any real risk at all.
Oh well, too bad. At least I am still safe. :) I will just have to look at FebWk4 for that elusive trade then.
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