The heads up for the huge options expirations day on Friday has been the subject of much chatter all week. Now that the FOMC is out of the way I thought I'd join in!
Coming up on 17 June 2022, Friday is options expiration. Its a monster one.
- Goldman Sachs put the amount at US$3.4 trillion of option notional to expire
- It's also a three-day weekend, Monday 20 June is a Federal holiday. The impending break will add to volatility.