- Quadruple witching refers to a date on which derivatives of stock index futures, stock index options, stock options, and single stock futures expire simultaneously.
- This event occurs once every quarter, on the third Friday of March, June, September, and December.
- Quadruple witching days witness heavy trading volume partly because of the offsetting of existing futures and options contracts that are profitable.
- Investors may take advantage of the increased volume and arbitrage opportunities that result from quadruple witching.
- Quadruple witching does not necessarily translate to increased volatility in the markets.
The action took place in the final 15 minutes of the trading day on Friday. The pros know well how to catch someone off guard and take advantage...it is what it is. Nothing to worry about...back to normal next week. Good News coming soon!
All the Best!
Digger0144