Monthly (3rd Friday)CBOE/CME

Options Expiration (OPEX) (OPEX)

Monthly and quarterly options expiration. Quad witching occurs in Mar, Jun, Sep, Dec.

Next OPEX release

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Release time

Market close

Frequency

Monthly (3rd Friday)

Source

CBOE/CME

Affected assets

ES, NQ, SPY, QQQ, VIX

How OPEX affects markets

Elevated volume and volatility, especially in final hour. Gamma exposure can pin prices near max pain.

Tickers affected by OPEX

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