Wall Street is bracing for a triple witching, which could cause market volatility. Yahoo Finance’s Julie Hyman joins Wealth! to explain the term and what it could mean for your portfolio.
Triple witching is the expiration of different types of contracts, such as stock options, stock index futures, and stock index options contracts. This occurs on a quarterly basis on the third Friday of the month.
According to various estimates, the market could see $4.8 trillion to $5.5 trillion worth of contracts expiring in the day’s session, causing a significant uptick in volume. However, individual investors not involved in the options market should remain largely unaffected.
#youtube #news #INVESTING
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
