HopalongPetrovski
I'm Spartacus!
Coming to a stock position you hold soon.......
This Friday, 20th September....... Ooo, ooo, ooo, Agh, agh, agh....
"The financial markets have quadruple witching dates on the third Friday of March, June, September, and December. On these days, four types of financial contracts expire simultaneously: stock index futures, stock index options, stock options, and single stock futures".
"Quadruple witching doesn't inherently favor bullish or bearish sentiment. It amplifies market volatility and trading volume, which can lead to both bullish and bearish price movements depending on prevailing market conditions, investor sentiment, and economic factors".
According to a website called Samurai......
I don't know how relevant this all is, particularly to we here in the shire, but, I have noticed perturbations in the "force", particularly leading up to these events in the past. So, perhaps set your shields to full and your phasers on stun, just in case!
The most notable effects seem to occur in the very last hour of trade (and often extending beyond it) with often very large volumes going through.
I think of it as an extra influence to be aware of at this time and I often find it muddying the already murky ether in my ectoplasmic display.
Good luck all and hopefully it'll just be a bit of this......
rather than.........some of this.........
This Friday, 20th September....... Ooo, ooo, ooo, Agh, agh, agh....
"The financial markets have quadruple witching dates on the third Friday of March, June, September, and December. On these days, four types of financial contracts expire simultaneously: stock index futures, stock index options, stock options, and single stock futures".
"Quadruple witching doesn't inherently favor bullish or bearish sentiment. It amplifies market volatility and trading volume, which can lead to both bullish and bearish price movements depending on prevailing market conditions, investor sentiment, and economic factors".
According to a website called Samurai......
"Mechanism and Market Impact
The simultaneous expiration of these derivatives affects trading volume and market activity significantly. During quadruple witching, traders rush to close out or roll over expiring positions, leading to a spike in trading volumes. This surge is often most noticeable in the final hour of trading, generally named the “witching hour.”Key Effects:
- Increased Trading Volume: Imagine you are looking at quad witching dates in 2024. As different types of contracts expire at the same time, market participants execute a large number of trades to adjust their portfolios. This increased turnover is seen across the futures and options markets.
- Portfolio Adjustments: Portfolio managers often take this opportunity to rebalance their holdings. They might buy or sell underlying assets to reflect changes in the indices they track, contributing to the flurry of activity.
- Contract Rolling: Traders rollover expiring contracts to the next expiration date, increasing market liquidity but also adding to temporary price distortions.
The Witching Hour
The witching hour, the last hour of trading on quadruple witching days, is particularly notorious for its volatility. During this time for quadruple witching dates in 2024, market makers and traders hastily close out positions, adjust hedges, and manage risks associated with expiring contracts. This can cause sharp, unpredictable price movements, offering both opportunities and risks for traders."I don't know how relevant this all is, particularly to we here in the shire, but, I have noticed perturbations in the "force", particularly leading up to these events in the past. So, perhaps set your shields to full and your phasers on stun, just in case!
The most notable effects seem to occur in the very last hour of trade (and often extending beyond it) with often very large volumes going through.
I think of it as an extra influence to be aware of at this time and I often find it muddying the already murky ether in my ectoplasmic display.
Good luck all and hopefully it'll just be a bit of this......
rather than.........some of this.........