The expiration of options and futures on stocks and indexes—known as quadruple witching—promises even more-hectic trading, assuming that’s possible
Friday is shaping up as potentially one of the most volatile trading days in years, as scheduled changes in futures, options and other derivatives markets threaten to add to a frenzied trading month that has already had some of the biggest daily stock-index swings ever.
The S&P 500 has risen or fallen at least 4% in eight straight sessions, the longest streak in history, according to Dow Jones Market Data. The Cboe Volatility Index, the Wall Street fear gauge known as the VIX, hit its highest level in history this week.
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