Reported 2 days ago
A $4.5 trillion triple-witching event is set to occur on Friday, where numerous options contracts will expire, potentially leading to market volatility. While many contracts are expected to expire worthless, market analysts recognize the possibility of significant price movements as traders adjust their positions. Citi's equity strategist believes this event is less critical compared to past occurrences due to lower open interest, but there’s still uncertainty about its impact on stock market fluctuations.
Source: YAHOO