$Selina Hospitality (SLNA.US)$ tmr is quadruple witching day...
$Selina Hospitality (SLNA.US)$ tmr is quadruple witching day it's gonna be a tough war tmr
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Daight : what is that?
103629603 OP Daight : Quadruple witching is an event in financial markets when four different sets of futures and options expire on the same day.Futures and options are derivatives, linked to underlying stock prices. When derivatives expire, traders must close or adjust positions. That can trigger significant volume and order flow.
Daight 103629603 OP : based on your comment, it's not gonna be good most of the times? thank you for answering.
103629603 OP Daight : The market could be bullish or bearish,depends on how investors interpret the situations but the market has a 60% bearish situation during the past quadruple witching days.
Daight 103629603 OP : thank you very much for your clarification.