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triple witching hour

   Also found in: Financial, Wikipedia 0.02 sec.
triple witching hour
n.
The hour before the stock market closing on the third Friday of March, June, September, or December, when both options and futures on stock indices expire, known for its high trading volume and volatile prices in futures, options, and underlying securities.


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This fall has been a strange time -- a triple witching hour of market volatility, a national election and drawn-out Jewish holidays that have disrupted the cycle," says Melissa Cohn, president of the Manhattan Mortgage Company.
TRIPLE WITCHING HOUR Final trading hour of the third Friday of the month, when listed options expire.
California and many of its cities are now grappling with the triple witching hour of property tax losses, sales tax recession, and income tax losses," said Larry Kosmont, president and CEO of Kosmont Companies and founder of the Survey.
 
 
 
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