WealthWise with Jeffrey Hirsch

Wall Street Lingo: What Is Triple Witching—and When’s the Next One?


Listen Later

Welcome to Wall Street Lingo, where Todd M. Schoenberger breaks down financial jargon into plain English. Today’s term: Triple Witching—a trading phenomenon that happens four times a year.

  • What Is It?

    Triple Witching occurs on the third Friday of March, June, September, and December, when three key contracts expire simultaneously:

    1. Stock options

    2. Index options

    3. Index futures

      This convergence often leads to spikes in trading volume and heightened volatility, especially during the final hour of trading—known as the “witching hour”.

    4. Why It Matters?

      Traders rush to close, roll over, or exercise positions—rebalancing portfolios, hedging strategies, and even triggering arbitrage opportunities.

    5. Market Impact Examples

      On triple witching days, trading volume can double the daily average, and average volatility tends to spike compared to normal trading days.

    6. When’s the Next One?

      In 2025, expect Triple Witching on:

      • March 21

      • June 20

      • September 19

      • December 19

        Want more financial terms decoded in clear language? Subscribe to CrossCheck Media on YouTube to catch Wall Street Lingo, along with Buy Hold Sell, Money Mavericks, and WealthWise episodes for informed investing.

        Need to connect with a sharp, investment-focused audience? Advertise with CrossCheck Media across video, podcast, and digital platforms—including Wall Street Lingo—through Biz Talk Today TV. Reach out at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://crosscheckmanagement.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

        📧 Contact on Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

        📱 Follow us for real-time updates:

        🔹 LinkedIn: / ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(1) CrossCheck Media Inc.: Overview | LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

        📸 Instagram: / ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(@crosscheckmedia) • Instagram photos and videos⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

        📘 Facebook: / ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(1) Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

        📢 Disclaimer: The views and opinions expressed in this episode are those of the guests and hosts and do not necessarily reflect the official policy or position of CrossCheck Media or Biz Talk Today TV. All content is for informational purposes only and should not be construed as financial, legal, or investment advice. Viewers are encouraged to conduct their own due diligence and consult with a licensed professional before making any financial decisions. A buyer-beware approach is always prudent.

        SEO Hashtags

        #TripleWitching #WitchingHour #MarketVolatility #OptionsExpiration #IndexFutures #WallStreetLingo #BuyHoldSell

        ...more
        View all episodesView all episodes
        Download on the App Store

        WealthWise with Jeffrey HirschBy CrossCheck Media