$7 Trillion Quadruple Witching Friday Triggers Historic Derivatives Expiration on Wall Street

TLDR: An estimated $5.7 to $7.1 trillion in derivatives expired on March 20, marking the largest March witching in history.  The CBOE Volatility Index surged past 30 as institutional investors rushed to roll over massive expiring positions. NVIDIA, Microsoft, and Amazon faced heavy selling pressure amid AI fatigue and forced index rebalancing on Friday. CME [...]

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