Triple Witching


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 phenomenon is sometimes referred to as "freaky Friday".

The final trading hour for that Friday is the hour known as triple witching. The markets are quite volatile in this final hour, as traders quickly offset their option/futures orders before the closing bell. If you are a long-term investor, triple witching will have a minimal impact on you.


Investment dictionary. . 2012.

Look at other dictionaries:

  • triple witching — ( ● triple …   Useful english dictionary

  • triple-witching — The simultaneous expiry of index futures, index options and individual stock options. Exchange Handbook Glossary * * * triple witching ˌtriple ˈwitching also ˌtriple ˈwitching ˌhour noun [singular] informal FINANCE a time on a financial market… …   Financial and business terms

  • Triple Witching —    The simultaneous expiry of stock index futures contracts, of stock index options and of options on individual stocks. Occurs every quarter and can often increase volatility, notably on the US stock markets. Double witching is similar to triple …   Financial and business terms

  • triple witching — noun Simultaneous expiry on US markets of stock index futures, stock index options, and stock options, which took place on the third Friday of March, June, September, and December. (With the introduction of single stock futures those days are now …   Wiktionary

  • Triple witching hour — is the last hour of the stock market trading session (3:00 4:00 P.M., New York Time) on the third Friday of every March, June, September, and December. Those days are the expiration of three kinds of securities:* Stock index futures. * Stock… …   Wikipedia

  • triple witching hour — the last hour of trading on the New York Stock Exchange on the four Fridays each year when stock options, stock index futures, and options on such futures simultaneously expire: regarded as a time of extreme volatility in trading. [1985 90] * * * …   Useful english dictionary

  • triple witching hour — the last hour of trading on the New York Stock Exchange on the four Fridays each year when stock options, stock index futures, and options on such futures simultaneously expire: regarded as a time of extreme volatility in trading. [1985 90] * * * …   Universalium

  • triple witching hour — noun The final hour of trading during which three types of derivatives contracts expire …   Wiktionary

  • Triple witching hour — The four times a year that the S&P futures contract expires at the same time as the S&P 100 index option contract and option contracts on individual stocks. The New York Times Financial Glossary …   Financial and business terms

  • triple witching hour — The four times a year that the S&P futures contract expires at the same time as the S&P 100 index option contract and option contracts on individual stocks. It is the last trading hour on the third Friday of March, June, September, and December,… …   Financial and business terms


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