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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: charlie mcgeehan who wrote (60469)9/16/1999 6:36:00 PM
From: Tim Luke  Read Replies (2) of 90042
 
what does triple witching mean?>>>

. The hour before the market closing when options and futures on stock indices expire on the same day, thereby setting off frenzied trading in futures, options, and underlying securities. Traders and arbitrageurs unwind investment positions and produce large price movements in securities. The triple witching hour occurs on the third Fridays of March, June, September, and December.
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