S&P 500 Faces $2 Trillion 'Triple Witching' Event on Friday
Wall Street is preparing for potential volatility as more than $2 trillion in options are set to expire this Friday during a quarterly event known as 'triple witching.' According to Bluekurtic Market Insights, the simultaneous expiration of stock index futures and options can lead to sharp price swings. The S&P 500 faces particular exposure due to its large volume of derivative contracts expiring on the same day. The term
Tickers: $SPY
Topics: market risk options expiry triple witching volatility