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The Last 'Quad Witch' OpEx Before The Election Is Huge: Goldman Trader Warns Of Imminent Gamma Flip

Business September 19, 2024

As we detailed earlier, tomorrow brings the ninth option expiration of 2024 (and the last 'quad witch' before the US election) and it's a big one...

$4.5 trillion notional will expire between now and 4pm... $2.6 trillion of this is SPX Sep regular / the remaining is split across etf and single stock at end of day

the last quad witch opex before the election is huge goldman trader warns of imminent gamma flip

Previous article: CEOs Scale Back Hiring Plans Amid Weaker Sales Projections, Cooling Economy Prev Next article: The Yen Carry Trade Next

Authored by Tyler Durden via ZeroHedge September 19th 2024

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