Tag

Triple Witching

All articles tagged with #triple witching

Markets Slip as Triple Witching Approaches and Iran Tensions Rise, FedEx Up But SMCI Falls
markets22 days ago

Markets Slip as Triple Witching Approaches and Iran Tensions Rise, FedEx Up But SMCI Falls

U.S. stock futures, including the S&P 500 and Dow, were lower ahead of Friday’s triple-witching expiry as Iran warned of 'zero restraint' amid strikes on energy infrastructure and disruption risks; the 10-year yield was around 4.28% and the two-year near 3.83% with markets pricing a high chance of no rate change in April. Premarket movers included FedEx higher after strong results and raised guidance, while Super Micro Computer tumbled after charges against its co-founder over AI exports to China; Planet Labs and Scholastic rose on earnings.

Nvidia's Struggles Drag Down Stock Market for Second Day
stock-market1 year ago

Nvidia's Struggles Drag Down Stock Market for Second Day

The S&P 500 and Nasdaq Composite dipped 0.2% as Nvidia shares fell for a second day, impacting the broader market. Despite Nvidia's recent struggles, it remains up 155% year-to-date. The Dow Jones Industrial Average saw a slight decline but is on track for a 1.4% weekly gain. Trading volatility is expected due to triple witching, and some analysts suggest the market may be overextended. Key movers include Salesforce, Amgen, and Nike, while UnitedHealth lagged.

finance1 year ago

Triple Witching Day: Key Market Movers and Insights

The stock market is experiencing volatility due to triple witching, where stock options, stock index futures, and stock index options all expire simultaneously. Treasury yields have fallen, with the 10-year at 4.231%. Nvidia's stock continues to slip, and crude oil prices are expected to rise due to seasonal demand and geopolitical tensions. Gold futures fell 1.2% as the dollar strengthened on positive U.S. business activity data. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite are all experiencing minor fluctuations.

Massive Options Expiry Sparks Chaotic 'Triple Witching' on Friday
finance2 years ago

Massive Options Expiry Sparks Chaotic 'Triple Witching' on Friday

Options contracts worth over $5 trillion are set to expire on Friday, coinciding with the rebalancing of the S&P 500 and Nasdaq-100, leading to a potentially volatile trading session. Traders will be cashing in bullish bets, while index-tracking funds adjust their holdings. Trading volume has been increasing throughout the week, with expectations of enormous volumes on Friday. The surge in bullish options contracts has helped push the S&P 500 to near-record highs. The quarterly "triple witching" expiration event is typically associated with higher trading volume and intraday swings. The rebalancing of the S&P 500 and Nasdaq-100 after the market close adds further complexity to the situation.