expiration Friday

Expiration Friday

The expiration date for three types of standardized contracts: stock options, stock index futures, and index options. Expiration Friday occurs four times a year, on the third Friday in the last month of each quarter. Investors often unwind their positions on these contracts on or immediately before expiration Fridays, which leads to increased trading volume and price volatility on those days.

expiration Friday

The Friday once each quarter when stock index futures, index options, and stock options simultaneously expire. Investors tend to close out positions in futures, options, and stocks on expiration Friday with the result being extremely volatile prices on this day. See also triple witching hour.
References in periodicals archive ?
Firm Published Erroneous Quotations and Transactions At and Around Opening on a Quadruple Witch Expiration Friday
tv reviews expiration Friday and President elect Barack Obama's choice of Mary Schapiro as his head of the Securities and Exchange Commission.
The practice of "marking the close" will have a disproportionately adverse impact when it occurs on an expiration Friday or on an index rebalancing day, such as the Russell 2000 Index rebalancing, which takes place on June 28, 2002.
tv's morning look at the latest market developments, analyzes early market action on expiration Friday.
tv, Host Carrie Long and Chief Investment Strategist Jud Pyle discuss the downward spiral in crude oil, the upward spike in the CBOE Market Volatility Index (VIX), and what traders can expect this expiration Friday.
tv, looks at expectations for expiration Friday, Kohl's efforts to draw in shoppers, and the effect the tremendous growth in alzheimer's is having on the biosector.
tv, discusses stagflation, expiration Friday, and a rally in the financials.
Heading into this expiration Friday, Schaeffer's put/call open interest ratio (SOIR) for WYNN stood at 1.
com E-Finance Index will feature European style exercise; thus, they can be exercised only on Expiration Friday (the day prior to expiration).
The sentiment indicators are mixed for S on this expiration Friday.
It appears that we may be in for a bit of a running of the bulls on this expiration Friday.
The index is equal-weighted and is re- balanced quarterly, based on the closing NAVs reported on expiration Friday in March, June, September and December.