From Yahoo Finance: 2025-03-20 07:59:00

US stocks face a test as $4.5 trillion of options contracts expire Friday, potentially sparking volatility. Market watchers doubt outsized moves, but past events caused sudden price shifts. Traders anticipate high activity Thursday before expiry. Recent calmness in markets contrasts with previous turmoil from Fed projections and trade fears.

Quarterly OpEx event expected to increase trading volumes as traders unwind wagers. Dealers will adjust VIX futures positions, potentially impacting stock swings. Despite lower open interest and neutral dealer positioning, some remain cautious. Dealers see event as routine, hedging risks and letting traders speculate.

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