The $4 Trillion Triple Witching Options Event: Decoding the Recent Stock Drop and VIX Surge
Stocks dropped on Friday, with a $4 trillion triple witching options event potentially magnifying volatility as traders weighed the impacts of a strike hitting Detroit automakers and combed through a deluge of economic data in advance of next week’s Federal Reserve meeting. The S&P 500 erased this week’s gains, while the Nasdaq 100 underperformed as…