Tag Archives: Quadruple

By Medha Singh and Saqib Iqbal Ahmed (Reuters) – A near-record dollar amount of single stock equity options -totaling $818 billion – is set to expire at the close of trading on Friday afternoon, potentially driving sharp moves in some stocks throughout the day, Goldman Sachs analysts wrote. A recent surge in interest in options trading, fueled in part by droves of retail traders looking to place wagers on the swings in so-called meme stocks such as GameStop Corp and AMC Entertainment Holdings,… Source link

SINGAPORE (Reuters) -Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin, as investors bet that ether will be of ever greater use in a decentralised future financial system. Ether, the token transacted on the ethereum blockchain, rose 3% on the Bitstamp exchange to $3,051.99 by lunchtime in Asia. It is up more than 300% for the year so far, easily outpacing a 95% rise in the more popular bitcoin. In part, the big… Source link

(Bloomberg) — Equity traders frustrated by recent sleepy volumes are getting a big liquidity boost. Stock transactions spiked Friday amid a quarterly event colloquially known as quadruple witching, when options and futures on indexes and equities expire. As of 11:05 a.m. in New York, volume on S&P 500 stocks was 24% above the average for that time of day over the past 30 sessions as the benchmark almost erased an earlier loss of 0.7%. The event usually brings single-day volumes that rank… Source link