Wall Street’s $5.5 Trillion Triple-Witching to Test Market Calm
- Index, single-stock and ETF options to expire on Friday
- Options expiration also coincides with index rebalancing
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Friday’s US options expiration may provide volatility-starved traders with some short-term market swings.
The so-called ‘triple-witching’ will see some $5.5 trillion worth of options tied to indexes, stocks, and exchange-traded funds fall off the board, according to an estimate from options platform SpotGamma. As the contracts disappear, investors will adjust their positions, adding a burst of volume capable of swinging individual holdings.