The first Quadruple witching day of 2024 is on its way - this Friday!On this day, 4 kinds of derivatives will expire. Heavy trading volume makes the market highly volatile compared to normal days. Quadruple witching may provide arbitrage opportunity to profit on temporary price distortions.What happened when large numbers of options expired?On February 16th, $SUPER MICRO COMPUTER INC(SMCI)$ experienced a significant surge in buying pressure due to a gamma squeeze fueled by the high volume of options expiring on that day. This surge led to a rapid increase in share prices.What can you do to profit from the volatility?Bargain hunt stocks!On 16th Feb.,
Quad Witching Coming! Pick 0DTE Options?
The first Quadruple witching day of 2024 is on its way - this Friday! On this day, 4 kinds of derivatives will expire. Heavy trading volume makes the market highly volatile compared to normal days. Zero-day expiration (0DTE) options, also known as same-day expiration options, are options contracts that expire on the same day they are traded. This concept has been expanded: options expiring that week can also be counted as 0DTE. ---------------- Would you choose 0DTE options as Quad witching day is around the corner?
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