Stock traders brace for a US$3.5 trillion ‘triple witching’ event

In a quarterly event known as triple witching, roughly US$3.5 trillion (RM14.7 trillion) of single-stock and index-level options are set to expire, according to Goldman Sachs Group Inc.(pic) At the same time, more near-the-money options are maturing than at any time since 2019 – suggesting a bevy of investors will actively trade around those positions.

WALL Street traders are bracing for fresh equity-market fireworks after another week of global turbulence.

In a quarterly event known as triple witching, roughly US$3.5 trillion (RM14.7 trillion) of single-stock and index-level options are set to expire, according to Goldman Sachs Group Inc.