View Full Version : Triple Witching Week

09-11-2004, 08:04 AM
The market is not acting well, especially considering that we've been seeing a bullish tilt on the first day of the trading week. In fact, even the Stock Trader's Alamanc points out that the Monday before triple-witching Firday the Dow has been up 8 of the last 12 years. Nevertheless, one saving grace for the bulls is that trading volume remains quite low, showing that conviction for the upside and downside remains muted, at least for now.

The third Friday of the months of March, June, September and December are triple witching months. That means that options on stock, futures and index's all expire at the same time and often cause wild gyrations in the market. It can create opportunity, but could also be dangerous. Do not take these facts lightly if you are going into the market around triple witching day.

Has anyone done any research on the up or down stats for triple witching this Friday (17th)? I am looking to bail on Thursday and get back in on Friday if it looks like a dangerous day for the markets.

Any thoughts?

Had a great week this week and want to keep rolling on.