Wall Street Faces a $5.7 Trillion Triple-Witching Jolt on Friday

Wall Street equities traders are bracing for an unusually large tally of options expiring on Friday, which risks injecting even more volatility into a market that’s seen weeks of turbulence amid the raging Mideast conflict. Roughly $5.7 trillion in notional options tied to individual US stocks, indexes and exchange-traded funds are set to expire on Friday in the quarterly event that traders have dubbed the “triple-witching” - the largest March expiry in Citigroup Inc. data going back to 1996. That figure includes $4.1 trillion in index contracts, $772 billion in exchange-traded funds and $875 billion in single-stock options. The event, which forces traders to close, roll or rebalance positions, has long carried a reputation for triggering abrupt price swings as large pools of derivatives exposure suddenly vanish. [https://finance.yahoo.com/news/wall-street-faces-5-7-175118951.html?pl2=everyday-hero\_editorial](https://finance.yahoo.com/news/wall-street-faces-5-7-175118951.html?pl2=everyday-hero_editorial)