The triple (or quad)-witching during this novel crisis...

Overnight

Overnight

So this will be the first uber-witchy bitch while in a global market crisis since 2008/9.

All those quarterlies that were established during peaks are going to have to be settled at the near bottom of this vicious downturn tomorrow.

Anyone have any ideas on the chaos that shall ensue, and where we may wind up in the aftermath next week?
 
Well, it's a known event that everyone sees coming. Not too worried about it. I'm more concerned about the likely huge increase in known cases impact on Monday's open. Although, I think that's probably priced in by now.
 
half of my positions expire tomorrow so im hoping for an absolute bloodbath.

Doing some research on triple/quad witching effects on S&P after black Monday and not really able to see anything. Black Monday or BM as i like to call it because im sure it really stunk for you old cats...happened 10/19/87. the next quad witching day wasnt until 12/18/87 which is just after the beginning of a bull market. I was curious to see what happened after a melt down and during bear trend but no such luck.

Would like to here some opinions from you more experienced members.
 
I imagine the put call ratio is high right now so I would expect institutions to try and move the market up to reduce the premium of the puts
 
SanMiguel said:
I imagine the put call ratio is high right now so I would expect institutions to try and move the market up to reduce the premium of the puts
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But those institutions have also likely been selling calls as price came down.
 
zghorner said:
...the next quad witching day wasnt until 12/18/87 which is just after the beginning of a bull market. I was curious to see what happened after a melt down and during bear trend but no such luck.

Would like to here some opinions from you more experienced members.
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Indeed, that was the reason for my query. We haven't been in this particular situation in over a decade.

Fun times, or should we run?

 
SanMiguel said:
They sell whatever people are buying, which is more puts than calls right now
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the market had just started to turn downwards Feb 21 (last months exp date) and its been a shit show ever since...I but you are right in that the number of puts sold far far exceeds calls. Hopefully the MM keep it red in the morning so I can get out before they start to pump bears in the ass.
 
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