Triple Witching [Freaky Friday]

[bulldozer]

TRIPLE WITCHING DAY TOMORROW GUYS & DOLLS
UK and US options [stock & indices] ALSO futrs contracts [expiry day]

Triple Witching 😱 😈
An event that occurs when the contracts for stock index futures, stock index options, and stock options all expire on the same day. Triple Witching Days happen four times a year: the third Friday of March, June, September, and December. This phenomenon is sometimes referred to as "Freaky Friday." 😱 😈 😱



The final trading hour for that Friday is the hour known as triple witching. In this final hour, the markets are quite volatile as traders are quickly offsetting their option/futures order before the closing bell. If you are a long-term investor, then triple witching has a minimal impact on you. 😎

 

[SOCRATES]

Ha ! Ha ! Love It ! Great fun to be had if you are on the ball, usually fast market running on these days. Not recommended for the slow or faint hearted.

 

[fxmarkets]

hmm are they white witches? when did they tag that onto it ? why not triple wizard friday?

 

[bulldozer]

hmm are they white witches? when did they tag that onto it ? why not triple wizard friday?

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Big spikes can happen on these types of expiry days! Watch OUT! 😱 😱 It can EVEN turn a black man face WHITE :cheesy: if your caught wiv many positions on the WRONG side! 😱 🙄 Watch those margins TOO!! 🙄

Bull

 

[SOCRATES]

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Big spikes can happen on these types of expiry days! Watch OUT! 😱 😱 It can EVEN turn a black man face WHITE :cheesy: if your caught wiv many positions on the WRONG side! 😱 🙄 Watch those margins TOO!! 🙄

Bull

Yes indeed and the last one was a marvellous fireworks display.

It served to rattle the lobster.

 

[Mr. Charts]

Quadruple witching today, not triple.................
Richard

 

[bulldozer]

FTSE up 30 pts@ 5413. Options xprd @ 5417 10-30 am this mrng.

All the PUT Options strikes below 5375 finished WORTHLESS! 😆 Another good day for the put writers! 😎 😆 including the 5375 strike! [on footsie index]

FTSE FTRS trading at 32 pts premium.


Dax up 78 pts

CAC up 42 pts

Dow ftrs up 55 pts @10,652
Dow cash up 49 pts @ 10,608
Ftrs trading at 44 pts prems

AND DONT FORGET TRIPLE WITCHING DAY IS NOT OVER UNTIL THE CLOSING BELL AT WALL STREET :!: :!: . 😈 😈 😈 😱

Bull

Happy Week-end to all! Lurkers too :!: 😆

 

[leonardlee]

What do you guys think of the coming triple witching, this December ? Up or down ?

 

[rathcoole_exile]

both