Reported about 19 hours ago
Investors are preparing for a significant $6.5 trillion of US options expiring this Friday, referred to as a 'triple witching' event, which could set the stage for increased stock market volatility in the coming week. This quarterly occurrence, where multiple derivatives contracts expire simultaneously, typically influences trading dynamics, and while immediate volatility is not anticipated, it may lead to more drastic stock movements as market players adjust their positions.
Source: YAHOO