Today, options contracts with a nominal value of over $71 trillion will expire, setting a record high. This day is referred to as the so-called "Triple Witching Day," when stock index futures, stock index options, and individual stock options all expire on the same day. This concentration of expirations often amplifies market trading volume and volatility.
Goldman Sachs points out that approximately $5 trillion in risk exposure is linked to the S&P 500 index, with another $880 billion related to individual stocks. This extreme concentration of exposure may trigger severe market turbulence before the end of the year. Analysts are closely monitoring whether the S&P 500 index can hold the crucial long-short battleground at 6800 points.
Now, when U.S. stocks move, especially when they fall, Bitcoin cannot escape either. Everyone should manage their risks well, especially friends trading contracts, and reduce leverage.
