HuntTown

economy words study✍️

I've heard of it, but I didn't know clearly🥹

■ Triple Witching Day
▫️Meaning: The day when three types of derivatives expire simultaneously.

▫️Instruments involved:
▪️Stock Index Futures
▪️Stock Index Options
▪️Single Stock Options

▫️Occurrence: The third Friday of March, June, September, and December

▫️Characteristics:
▪️Trading volume increases significantly
▪️Market volatility tends to rise


■ Quadruple Witching Day

▫️Meaning: The day when four types of derivatives expire at the same time.

▫️Instruments involved:
▪️Stock Index Futures
▪️Stock Index Options
▪️Single Stock Options
▪️Single Stock Futures

▫️Occurrence: Same as Triple Witching Day (third Friday of March, June, September, and December)

▫️Characteristics:
▪️Very high trading volume
▪️Increased market volatility
▪️Sudden price movements often occur near market close

creator┃clay artist┃ /parrot host🦜┃ /based-noobs @snoobs member👶🔵

I think the last Witching Day was March 21 last week, but luckily stock/crypto market was moving upward :D

6777 $hunt