triple witching day

 The third Friday in March, June, September, and December, when three types of options expire on the same day.

American business jargon. 2014.

Look at other dictionaries:

  • Triple Witching — An event that occurs when the contracts for stock index futures, stock index options and stock options all expire on the same day. Triple witching days happen four times a year on the third Friday of March, June, September and December. This… …   Investment dictionary

  • triple witching hour — /ˌtrɪp(ə)l wɪtʃɪŋ aυə/ noun a day when three major types of futures contract fall due at the same time COMMENT: In the USA, this is the last hour of trading on the third Friday of the months of March, June, September and December, when futures… …   Dictionary of banking and finance

  • the triple witching hour — UK US noun [S] INFORMAL STOCK MARKET ► on a stock market, the last hour of trading when three types of derivatives contracts end. These derivatives are stock index futures, index options, and stock options: »Traders expect a difficult day on… …   Financial and business terms

  • Witching hour — In European folklore, the witching hour is the time when supernatural creatures such as witches, demons and ghosts are thought to be at their most powerful, and black magic at its most effective. This hour is typically midnight, and the term may… …   Wikipedia

  • Witching Hour — The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled by large professional traders, program traders and large institutional traders, and can be characterized by higher than… …   Investment dictionary

  • Double Witching — Similar to triple witching, but instead of three classes of options or futures expiring on the same day, double witching is when only two classes (any two) are expiring. The three classes are stock options, index options, and index futures. In… …   Investment dictionary

  • double witching hour — UK US noun [S] (also double witching) STOCK MARKET ► the final hour of trade on a financial market on the day when two of three types of option or futures agreements end: »The expiry of the September futures and options meant traders were busy… …   Financial and business terms

  • Quadruple Witching — A day on which contracts for stock index futures, stock index options, stock options and single stock futures (SSF) all expire. This is similar to the triple witching hour, except that the quadruple witching hour sees also the expiry of SSFs.… …   Investment dictionary

  • Jour des quatre sorcières — « Jour des quatre sorcières » est un terme de jargon financier qui traduit de manière pittoresque l expression « quadruple witching day »[1] utilisée dans le milieu boursier aux États Unis. Le troisième vendredi des mois de… …   Wikipédia en Français

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

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