Biggest January Options Expiry in More Than a Decade Friday
About 180 million contracts will expire at the end of trading Friday, the largest January monthly expiration in more than 10 years. The expiration is particularly heavy for call options. Traders often will roll their positions or open new ones as the old ones expire, so expect a choppy trading session with high volumes.
Despite all the interest in options, implied volatility remains low. The VIX index, a measure of the 30-day expected volatility of S&P 500 index, is near its lowest levels in over a year. The upcoming earnings season and a February 1stFOMC meeting may provide possible catalysts for increased realized volatility over the next month.
The view and opinions of the author do not reflect the views of Moomoo Financial Inc. or any of its affiliates. The views and opinions of the author are provided for informational purposes only, do not constitute a recommendation of an investment strategy or to buy, sell, or hold any investment in any form, and are not research reports and should not be used to serve as the basis for any investment decision. All investments involve risk including the loss of principal and past performance does not guarantee future results.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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