‘Quadruple witching’ Friday to see $818 billion single inventory choices expiration – Goldman

A near-record greenback quantity of single inventory fairness choices -totaling $818 billion – is ready to run out on the shut of buying and selling on Friday afternoon, doubtlessly driving sharp strikes in some shares all through the day, Goldman Sachs analysts wrote. A latest surge in curiosity in choices buying and selling, fueled partly by droves of retail merchants seeking to place wagers on the swings in so-called meme shares similar to GameStop Corp and AMC Entertainment Holdings, has boosted buying and selling in U.S. single inventory choices to file highs this yr. Single inventory open curiosity now stands at almost $3 trillion in notional phrases, near the very best stage since Jan. 15, based on the report, which was authored by analysts Vishal Vivek and John Marshall and revealed on Friday morning.

Source link