If you like Halloween, you’re bound to love this next post. It’s all about quadruple witching. Wait! What the heck is quadruple witching?
Although it might seem frightening, the term quadruple witching has nothing to do with October 31st. It’s a term from finance and it’s used all year long!
Quadruple witching refers to a day on which 4 key kinds of futures and options all expire at once.
Now that wasn’t scary at all. Oh, one more thing - Boo!
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Trader disclosure: On Sept. 21, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (DIS), (INTC); Najarian Is Short(GS); Finerman's Firm Owns S&P Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns (COP), (GE), (GCO), (NYX), (NMX), (USG), (LTD), (WMT); Fineram's Firm And Finerman Own (HD); NBC Universal Is The Parent Company Of CNBC