As promised
Mar. 16th, 2009 06:27 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
sabrinamari"Triple Witching Hour"
I thought this term was a joke when I first heard it, but no...
"Triple witching hour is the last hour of the stock market trading session (3:00-4:00 P.M., New York Time) on the third Friday of every March, June, September, and December. Those days are the expiration of three kinds of securities:
Stock index futures
Stock market index options
Stock options
The simultaneous expirations generally increases the trading volume of options, futures and the underlying stocks, and occasionally increases volatility of prices of related securities.
With the introduction of single stock futures expiring on the same days, triple witching has become quadruple witching."
http://en.wikipedia.org/wiki/Triple_witching_hour
I thought this term was a joke when I first heard it, but no...
"Triple witching hour is the last hour of the stock market trading session (3:00-4:00 P.M., New York Time) on the third Friday of every March, June, September, and December. Those days are the expiration of three kinds of securities:
Stock index futures
Stock market index options
Stock options
The simultaneous expirations generally increases the trading volume of options, futures and the underlying stocks, and occasionally increases volatility of prices of related securities.
With the introduction of single stock futures expiring on the same days, triple witching has become quadruple witching."
http://en.wikipedia.org/wiki/Triple_witching_hour
