Quadruple Witching: Will S&P 500 Go UP or DOWN?
Hey Tigers!
Welcome to the 3rd Friday of March! It's Quadruple Witching Date!
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Quadruple witching refers to a date on which stock index futures, stock index options, stock options, and single stock futures expire simultaneously. While stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the third Friday of March, June, September, and December.
The dates often witness heavy trading volume, in part, due to the offsetting of existing futures and options contracts that are profitable.
Here comes our Topic:
Will S&P 500 Go UP or DOWN on this quadruple witching date? What's your take?
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1. Past price behaviour
2. Current economic situation
3. Buyer/Sellers sentiments
4. News
I will write more on this topic later. Like please