Next week is monthly options expiration week.
I’ve noted several times over the years that Op-ex week in general is pretty bullish. March, April, October, and December it has been especially so. S&P 500 (NYSEARCA:SPY) options began trading in mid-1983. The table below is one I have showed in March each of the last several years. It goes back to 1984 and shows op-ex week performance broken down by month. All statistics are updated.
While December has been the most reliable, March op-ex week has seen the most in total gains. Traders may want to keep this in mind for next week, and perhaps in future months as well.