Tag Archives: Witching

(Bloomberg) — Wall Street traders are bracing for fresh equity-market fireworks Friday after another week of global turbulence. Most Read from Bloomberg In a quarterly event known as triple witching, roughly $3.5 trillion of single-stock and index-level options are set to expire, according to Goldman Sachs Group Inc. At the same time, more near-the-money options are maturing than at any time since 2019 — suggesting a bevy of investors will actively trade around those positions. And once… Source link

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

(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