Saturday, June 19, 2010

Quadruple Witching

A day on which contracts for stock index futures, stock index options, stock options and single stock futures (SSF) all expire.

(Single stock futures are not at all a significant source of volume)


(Stock index futures and index future options expire on the open)
(Stock options and single stock futures expire on the close)

(Index options are cash settled.)
(ETFs and single stock options are physical)

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