The speaker discussing some options trading strategies during options expiration week. He talks about credit spreads which can be used to profit in a trending market. He illustrates an example using GS, or Goldman Sachs, where he sells
The week beginning on Monday prior to the Saturday of options expiration is referred to as options expiration week. This week can be slightly more volatile as options holders begin to exercise their options contracts and roll forward their options to ones with later expiration dates.