$E-mini NASDAQ 100 Futures (SEP6) (NQmain.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Block (XYZ.US)$Last night was the final opportunity to buy. Let me provide some insights.
Quadruple Witching Day 2021
2021/3/19
2021/6/18
2021/9/17
2021/12/17
U.S. Major Four Indices Performance on Quadruple Witching Days
On average, the four major indices tend to show weaker performance as Quadruple Witching Day approaches, especially with declines observed the day before the event. However, a strong rebound begins about a week after, particularly in the NASDAQ and the Philadelphia Semiconductor Index (SOX), both of which saw gains exceeding 5% within two months after the event. Notably, the SOX gained up to 7%, while the S&P 500 and Dow Jones also performed well with gains surpassing 4%.
Characteristic 1: Trading Volume Surges on Quadruple Witching Day
Firstly, trading volume always surges on Quadruple Witching Day!
Comparing the day's volume with the average volume of the seven days prior,
the trading volume increases by an average of 1.5 times.
Characteristic 2: Market Trends May Reverse After Quadruple Witching
After quarterly contracts expire,
the next contracts are still a quarter away.
Furthermore, due to the surge in trading volume on Quadruple Witching Day, significant turnover occurs.
Thus, the settlement point near the expiration date
could mark a short-term high or low,
potentially leading to a reversal in trends.
Characteristic 3: Recent Quadruple Witching Days Have Seen Significant Declines
In earlier years, Quadruple Witching Days were mostly characterized by more gains than losses.
However, recent events have resulted in 'sharp declines'!
On last June’s expiration day, there was a drop of 0.53%,
in September, a decline of 1.62%,
and most recently...