Triple Witching on Friday

18 Sep

This Friday, 9/20/24, is Triple witching. Here's a 4x split chart view of SPY, QQQ, DIA & IWM. With TTCATR indicator support & resistance levels on the 1 day chart.

Triple witching days are known for being volatile and having high volume. On these days, three types of derivative contracts expire simultaneously.
Stock options: Contracts that give the holder the right to buy or sell shares in a company at a specific price and on a specific date.
Stock index futures: Futures contracts on a stock index such as the S&P 500.
Stock index options: Option contracts on equity indexes.

SPY TTCATR VWMA20 levels: 1ATR = 7.34
ATR4 = 582
ATR3 = 575
ATR2 = 569
VWMA20 = 556
-ATR2 = 543
-ATR3 = 537
-ATR4 = 530

SPY 9/20/24 expiry options data:
Put Volume Total 374,184
Call Volume Total 330,226
Put/Call Volume Ratio 1.13
Put Open Interest Total 3,233,386
Call Open Interest Total 1,115,457
Put/Call Open Interest Ratio 2.90

QQQ TTCATR VWMA20 levels: 1ATR = 8.75
ATR4 = 500
ATR3 = 492
ATR2 = 485
VWMA20 = 469
-ATR2 = 454
-ATR3 = 446
-ATR4 = 438

QQQ 9/20/24 expiry options data:
Put Volume Total 178,606
Call Volume Total 188,794
Put/Call Volume Ratio 0.95
Put Open Interest Total 1,621,234
Call Open Interest Total 1,117,192
Put/Call Open Interest Ratio 1.45

DIA TTCATR VWMA20 levels: 1ATR = 4.89
ATR4 = 429
ATR3 = 425
ATR2 = 420
VWMA20 = 412
-ATR2 = 403
-ATR3 = 398
-ATR4 = 394

DIA 9/20/24 expiry options data:
Put Volume Total 10,663
Call Volume Total 9,142
Put/Call Volume Ratio 1.17
Put Open Interest Total 76,617
Call Open Interest Total 60,201
Put/Call Open Interest Ratio 1.27

IWM TTCATR VWMA20 levels: 1ATR = 4.23
ATR4 = 231
ATR3 = 227
ATR2 = 223
VWMA20 = 215
-ATR2 = 207
-ATR3 = 203
-ATR4 = 199

IWM 9/20/24 expiry options data:
Put Volume Total 214,539
Call Volume Total 313,620
Put/Call Volume Ratio 0.68
Put Open Interest Total 2,402,288
Call Open Interest Total 1,373,048
Put/Call Open Interest Ratio 1.75