triple witching hour
the last hour of trading on the New York Stock Exchange on the four Fridays each year when stock options, stock index futures, and options on such futures simultaneously expire: regarded as a time of extreme volatility in trading.
Today is a stock market “quadruple witching day.” What does that mean?Financial markets climb and plunge for all sorts of reasons, some of which are rational and some that seem like they are based in hocus pocus. The third Friday of June is typically a quadruple witching day, which sounds like magic but actually describes a logical yet hectic event. The four things the “quadruple” refers to are the expiration of contracts for stock index futures, stock …
triple-doubleRead more in this article about some frequently asked questions and fun facts related to our definitions.
- triple superphosphate,
- triple threat,
- triple time,
- triple vision,
- triple voile,
Origin of triple witching hour
First recorded in 1985–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019