I don't think Friday will be that enticing either, It's Triple witching time on Friday... It is considered an "A" regarding importance. I read this at briefing com..
Glossary
Single, Double, & Triple-Witching Hour
Importance (A-C): Equity markets consider
1.Single-Witching: C
2.Double-Witching: B
3.Triple-Witching: A
Occurrence:
1.Single & Double-Witching: Third Friday of each month.
2.Triple-Witching: Third Friday of March, June, Sept, and Dec. (quarterly).
Single-Witching:
Individual stock options expire on a monthly bases and on the same Friday. Usually, expiration day displays a bit more market volatility and the index
may not reflect the true level, i.e., Monday's opening level maybe different from Friday's close.
Double-Witching:
It is the simultaneous expiration of Standard & Poor's 100 stock index options and Major Market Index (MMI) futures and options. The MMI consists of 20 of the
largest publicly traded companies. Furthermore, 17 are part of the Dow Jones Industrial Average. Once again, the trading day usually exhibits above average
volatility and the index levels may sometimes be inaccurate.
Triple-Witching:
In each year, there are four maturing S&P 500 futures contracts. On these four Fridays, which occur simultaneously with the expiration of S&P index options and
options on individual stocks, the market can exhibit high levels of volatility.
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