MBCC TH 15th Mar'24 - "Today is Quarterly Quadruple Witching day, what does this mean for Equities, DERIVATIVES play a HUGE part in masking underlying trends as Bonds/FX suggest something ominous?"
Today is the HUGE open interest of S&P 500 Index Options and Futures, Single Stock options and Futures as well. There is tons of interest around 5000-5100, which means the market makers have ALL interest in the world to see the market flat as a pancake till this event. Why?
Well…we tell you below, and what this means for stock/equity sector selection into next week..you may not know it, but you are exposed!
