Wall Street faces a $5.7 trillion “triple-witching” options expiry on Friday,
the largest March total in Citigroup Inc. data since 1996, spanning index, ETF
and single-stock contracts. The event, which forces position adjustments, risks
amplifying volatility amid Middle East conflict-driven inflation concerns and
fading rate-cut expectations. The S&P 500 Index remains about 6% below its
January high, while the Cboe Volatility Index stays elevated. Vishal Vivek of
Citigroup said index and ETF options volumes hit record levels, while
single-stock activity labeled.
