Options Expert Predicts Volatile Week Ahead For Traders After Triple Witching

Friday, 20 September 2024, 07:52

Options expert warns of a 'terrible week' as volatility spikes after Friday's triple witching. Market turbulence may disrupt trading in key sectors like CrowdStrike (CRWD) and Constellation Energy (CEG). With over $5 trillion in options expiring, traders should brace for impact.
Benzinga
Options Expert Predicts Volatile Week Ahead For Traders After Triple Witching

Understanding The Implications of Triple Witching

As traders look towards the week following the September triple witching, renowned options expert CC Lagator of Options AI cautions that significant volatility is on the horizon. The massive expiration of over $5 trillion in options historically correlates with market instability, prompting a warning to investors.

Key Market Players At Risk

  • CrowdStrike Holdings (NASDAQ:CRWD)
  • Constellation Energy (NASDAQ:CEG)
  • FedEx Corporation (NASDAQ:FDX)
  • General Electric Company (NASDAQ:EXC)
  • Lenovo Group Limited (NASDAQ:LEN)
  • Nike Inc. (NASDAQ:NKE)
  • Old Dominion Freight Line (NASDAQ:ODFL)
  • On Holding AG (NYSE:ON)
  • SPDR S&P 500 ETF Trust (NYSE:SPY)
  • Vertex Pharmaceuticals Incorporated (NASDAQ:VTRS)

Anticipating Market Movements

In light of the impending turbulence, traders are advised to adjust their strategies for the week ahead. As volatility increases following significant option expirations, understanding the movement of items within the VIX index can be critical for navigating the landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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