Wall Street anticipates the largest ever “Triple Witching” day on December 20th, with over $6.6 trillion in options contracts expiring. This event, occurring four times a year, could cause significant market volatility due to the simultaneous expiration of various contracts. Pre-market indicators show a negative trend for major indices, raising concerns about potential market fluctuations.
As the market gears up for a volatile end to the week, investors are bracing for the impact of ‘Triple Witching’ day, a quarterly event that historically stirs market turbulence. With trillions of dollars in options expiring simultaneously, experts are expecting a wave of volatility, potentially jeopardizing the recent market rally fueled by the Fed’s rate cut.
