triple witching

English - English

Definition of triple witching in English English dictionary

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 quadruple witching.)

Related Terms

triple witching hour

The final hour of trading during which three types of derivatives contracts expire

triple witching hour

The hour before the stock market closing on the third Friday of March, June, September, or December, when both options and futures on stock indices expire, known for its high trading volume and volatile prices in futures, options, and underlying securities

Hyphenation

tri·ple witch·ing

Turkish pronunciation

trîpıl wîçîng

Pronunciation

/ˈtrəpəl ˈwəʧəɴɢ/ /ˈtrɪpəl ˈwɪʧɪŋ/

Etymology

() The idea of witching for these days is from the unusual patterns of trading that can occur ahead of the contract expiries.