Reported 11 months ago
Wall Street is preparing for a triple witching, where different types of contracts such as stock options, stock index futures, and stock index options contracts expire on the third Friday of the month quarterly. Estimates suggest around $4.8 trillion to $5.5 trillion worth of contracts could expire, causing increased market volume. However, individual investors not involved in options trading are likely to be minimally affected by this event.
Source: YAHOO