December 19th is the 353rd day of the year.
🤔
Posted on 12/18/2025 5:06:05 PM PST by CFW
Wall Street could be in for a volatile end to the week as traders brace for what Goldman Sachs says will be the largest options expiration on record.
Options expiration days are a monthly occurrence on Wall Street when the contracts on short-term derivatives expire. Friday happens to be one of the rare times (four times a year) when options on four types of securities expire on the same day: index options, single stock options, index futures and index futures options. This is called a “quadruple witching” day.
More than $7.1 trillion in notional options exposure is set to expire this Friday, according to Goldman, including roughly $5 trillion tied to the S&P 500 index and $880 billion linked to single stocks. December options expirations are typically the biggest of the year, but this one eclipses all prior records, the firm said.
To put the scale into context, the options expiring Friday represent notional exposure equal to about 10.2% of the total market capitalization of the Russell 3000, Goldman said.
That dynamic could lead to choppy trading, particularly around heavily watched levels in the S&P 500, according to Jeff Kilburg, founder and CEO of KKM Financial.
(Excerpt) Read more at cnbc.com ...
“tomorrow should be fun”
Or painful.
“Or painful.”
Yeah, that’s a definite possibility. LOL!
Sometimes the time to get in is now.
A major decline would represent a nice buying opportunity if one has funds on the side and is so inclined.
I don’t think Warren Buffet ever bought or sold an option.
They are pure, high stakes gambling that have the potential to hurt retail investors.
“Sometimes the time to get in is now.”
Yep. And “now” is definitely better than never.
Options aren’t gambling. They’re a device for hedging, i.e. managing risk. Amateurs should stay away.
Sell, Mortimer. Sell!!
Not necessarily . I’ve been making good money selling covered calls on stocks I already own. There’s no risk other than potential upside.
December 19th is the 353rd day of the year.
🤔
Exactly. They can be used both ways— also as a way to reduce risk.
Same here!
“Not necessarily . I’ve been making good money selling covered calls on stocks I already own. There’s no risk other than potential upside.”
That’s the way to do it.
It has been a good year to make money in the stock market.
Is China is buying the dips - and manipulating markets? Would we know? This is what AI is for in totalitarian states...stealing big time against the enemy,,, In this case against us.
That’s definitely not so, Buffett loves to sell puts.
Also a lot of people have to sell stocks or cover shorts with the end of the tax year approaching.
We’ll see...tomorrow.
That’s another great way to buy a stock at a lower price!
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