"And Don't Forget, Tomorrow Is Quad-Witch Options Expiry So Hold On To Your Hats For A Gamma-Geddon In Stocks And Vol"
Summary
- Gloom and doom.
- Doom and gloom.
- We're all gonna die!
Futures Flat Ahead Of Quad Witching Volume Surge
Quad-Witch Trigger: "Staggering Gamma Collapse" Opens Market Trapdoor If QQQ Slides Below 270
"On a long enough time line, the survival rate for everyone drops to zero.”.
Well no shit Sherlock. But we survived another exciting day in the options pit!
So what happened at the trading desk today?? WOWIE! Another clickfest. All the red on the indices released >$200K of "excess" eaten up by the call positions yesterday so we put it to good use.
ME:
TradingCat:
Different strokes for different folks I guess
*******
The Trades: (SRNE, M, SWBI, AAL, LABU, BAC, INO, MU)
Fridays updated roster with 2 pairs that could expire:
Now that the Feds have got their pints of blood it's time to start hitting the state tax bill. 3 payments (aka pints) from now (next Weds) I ought to be done with those leeches until next year.
YRMV
Quadruple Witching Definition - Investopedia
www.investopedia.com › terms › quadruplewitching
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.
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