This week the market will experience the triple witching event. If you are unfamiliar with the term now is a good time get your pencil and paper young wealth manager. This could be an opportunity for the short-term investor to take advantage of market volatility. A little known goes a long way . . . in your portfolio.
Last Thursday marked the unofficial start of triple witching options expiration, with the rollover of June futures contracts into the September forward month at many brokers. The period from the rollover through this Friday’s expiration have a well-earned reputation for whipsaws and reversals, raising the potential for high volatility. The CBOE S&P 500 Volatility Index (VIX) is sounding this message loud and clear, with the “fear gauge” lifting to a two-month high above $40.
the Java Exchange 