The Zhitong Finance App learned that the US stock market is expected to fluctuate on Friday because it coincides with the Fourth Witch Day — stock index futures, stock index options, individual stock options, and individual stock futures will expire at the same time. According to Goldman Sachs data, options contracts with a nominal value of more than 7.1 trillion US dollars will expire this Friday, setting a record high, including about 5 trillion US dollars of options linked to the S&P 500 index and 880 billion US dollars of options linked to individual stocks. Goldman Sachs analysts said that while the December option expiration date is generally the largest of the year, Friday is likely to have the largest option expiration date ever. Goldman Sachs said that in order to better understand this scale, the nominal exposure represented by options due on Friday accounted for about 10.2% of the total market value of the Russell 3000 Index.

The Zhitong Finance App learned that the US stock market is expected to fluctuate on Friday because it coincides with the Fourth Witch Day — stock index futures, stock index options, individual stock options, and individual stock futures will expire at the same time. According to Goldman Sachs data, options contracts with a nominal value of more than 7.1 trillion US dollars will expire this Friday, setting a record high, including about 5 trillion US dollars of options linked to the S&P 500 index and 880 billion US dollars of options linked to individual stocks. Goldman Sachs analysts said that while the December option expiration date is generally the largest of the year, Friday is likely to have the largest option expiration date ever. Goldman Sachs said that in order to better understand this scale, the nominal exposure represented by options due on Friday accounted for about 10.2% of the total market value of the Russell 3000 Index.