Friday's $6.5 Trillion Notional Options Expiry Stock Poised to Stir Markets

$6.5 Trillion Triple Witching Sparks Volatility Warning - Wall Street Pit

A $6.5 trillion notional value of U.S.-listed options, including $4.2 trillion in index options, $708 billion in ETF bets, and $819 billion in single stock options, will expire on Friday during a “triple witching” event, potentially increasing stock market volatility next week. The S&P 500 (SPX) at 5,981 has been…

Friday's $6.5 trillion notional options expiry stock poised to stir markets

Traders across Wall Street are preparing for $6.5 trillion in options contracts expiring this Friday, an event that could snap the market out of the flat, low-energy pattern it’s been stuck in since May. This expiration covers a pile of different exchange-traded contracts, all scheduled to close out at once. That timing, which happens four times a year, is what some traders call “triple witching.” The actual expiry day isn’t expected to blow thi…