OPEN-SOURCE SCRIPT
Opex + Triple Witching (Julio)
Triple Witching occurs on the third Friday of March, June, September, and December.Triple Witching occurs on the third Friday of March, June, September, and December. It's when three types of derivatives expire simultaneously: stock index futures, stock index options, and stock options. This causes elevated volume and volatility as traders roll or close positions.
OPEX (Options Expiration) is every other third Friday of the month — the ones that are NOT Triple Witching. These are standard monthly options expirations and also tend to see increased volatility and pinning behavior around key strikes as market makers hedge expiring contracts.
OPEX (Options Expiration) is every other third Friday of the month — the ones that are NOT Triple Witching. These are standard monthly options expirations and also tend to see increased volatility and pinning behavior around key strikes as market makers hedge expiring contracts.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.