Triple Witching Day

Triple Witching Day

The third Friday of March, June, September and December. It is the expiration day for three types of standardized contracts: stock options, stock index options and stock index futures. Investors often unwind their positions on these contracts during or immediately before triple witching days, leading to increased trading volume. See also: Quadruple witching day.
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He includes definitions throughout the book and a glossary of terms like "front-end load," "arbitrage," and "triple witching day." He includes tips, multiple examples, footnotes that make sense, an entire reference section of relevant Web sites, and frequent advice about consulting experts in legal and financial matters.