S&P Stuck in Worst Streak This Year Faces Quadruple Witching
- Volatility, trading volume typically spike up on the day
- ‘Wiggle room’ needed as funds reposition through derivatives
Credit Suisse's Golub Says Better Economic Data, Less Inflation Fueling Markets
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Equity bulls frustrated with this year’s longest stretch of declines can blame it on a regular market event happening today.
That’s when the quarterly expiration of futures and options on indexes and individual stocks, known as “quadruple witching,” takes place. Typically it coincides with the rebalancing of the S&P 500 Index, spurring volatility and active trading.