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Macro Bullseye
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Monthly options expiration

Standard monthly stock and index options expire on the third Friday of each month, or on the trading day before when that Friday is a market holiday. In March, June, September and December, stock index futures expire the same day, which traders call triple witching.

Next expiration

Friday, October 16, 2026

All day

Why it matters for your money

Expiration days tend to bring heavy volume and sharp moves near the close as large option and futures positions are closed or rolled over, which can push stock prices around for reasons that have nothing to do with the news.

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