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The phrase quadruple witching brings to mind stories that begin, "It was a dark and stormy night…" or folkloric visions of witches flying chaotically on broomsticks across the brightness of a moon.
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Triple witching hour is the last hour of the stock market trading session (3:00-4:00 P.M., New York City local Time ) on the third Friday of every March, June, September, and December. Those days are the expiration of three kinds of securities:
In calm markets "quadruple witching" usually passes unnoticed, but some market players are hoping this Friday's concurrent quarterly expiration of U.S. options and futures contracts could shake ...
3 Triple witching day. 2 comments. 4 ... 6 Triple & Quadruple witching hour ... 8 Suggested clearer and notably more accurate explanation of "triple witching" 1 ...
December 15 – Because of the "quadruple-witching" option expiration, volume on the New York Stock Exchange hits 638 million shares, the highest single-day volume since October 20, 1987, when the Dow staged a stunning recovery a day after Black Monday. December 16 – The federal government has another shutdown as the budget disagreement ...
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In folklore, the witching hour or devil's hour is a time of night that is associated with supernatural events, whereby witches, demons and ghosts are thought to appear and be at their most powerful. Definitions vary, and include the hour immediately after midnight and the time between 3:00 am and 4:00 am.