March 2024 in like a lion...
Updated
3/15/24 Triple witching
Triple witching days are known for being volatile and having high volume. On these days, three types of derivative contracts expire simultaneously.
Stock options: Contracts that give the holder the right to buy or sell shares in a company at a specific price and on a specific date.
Stock index futures: Futures contracts on a stock index such as the S&P 500.
Stock index options: Option contracts on equity indexes.
SPY 3/15/24 expiry options data:
Put Volume Total 215,090
Call Volume Total 118,966
Put/Call Volume Ratio 1.81
Put Open Interest Total 3,766,214
Call Open Interest Total 1,165,745
Put/Call Open Interest Ratio 3.23
QQQ 3/15/24 expiry options data:
Put Volume Total 83,300
Call Volume Total 70,555
Put/Call Volume Ratio 1.18
Put Open Interest Total 2,236,398
Call Open Interest Total 1,175,054
Put/Call Open Interest Ratio 1.90
DIA 3/15/24 expiry options data:
Put Volume Total 2,469
Call Volume Total 6,746
Put/Call Volume Ratio 0.37
Put Open Interest Total 72,602
Call Open Interest Total 48,465
Put/Call Open Interest Ratio 1.50
IWM 3/15/24 expiry options data:
Put Volume Total 85,142
Call Volume Total 113,435
Put/Call Volume Ratio 0.75
Put Open Interest Total 2,126,328
Call Open Interest Total 1,390,474
Put/Call Open Interest Ratio 1.53
Triple witching days are known for being volatile and having high volume. On these days, three types of derivative contracts expire simultaneously.
Stock options: Contracts that give the holder the right to buy or sell shares in a company at a specific price and on a specific date.
Stock index futures: Futures contracts on a stock index such as the S&P 500.
Stock index options: Option contracts on equity indexes.
SPY 3/15/24 expiry options data:
Put Volume Total 215,090
Call Volume Total 118,966
Put/Call Volume Ratio 1.81
Put Open Interest Total 3,766,214
Call Open Interest Total 1,165,745
Put/Call Open Interest Ratio 3.23
QQQ 3/15/24 expiry options data:
Put Volume Total 83,300
Call Volume Total 70,555
Put/Call Volume Ratio 1.18
Put Open Interest Total 2,236,398
Call Open Interest Total 1,175,054
Put/Call Open Interest Ratio 1.90
DIA 3/15/24 expiry options data:
Put Volume Total 2,469
Call Volume Total 6,746
Put/Call Volume Ratio 0.37
Put Open Interest Total 72,602
Call Open Interest Total 48,465
Put/Call Open Interest Ratio 1.50
IWM 3/15/24 expiry options data:
Put Volume Total 85,142
Call Volume Total 113,435
Put/Call Volume Ratio 0.75
Put Open Interest Total 2,126,328
Call Open Interest Total 1,390,474
Put/Call Open Interest Ratio 1.53
Note
SPY short 510
stop 515
profit 490
QQQ
short 442
stop 448
profit 418
DIA
short 390
stop 394
profit 378
IWM
short 205
stop 209
profit 193
Note
Note
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