Triple Witching Hour

The "Triple Witching Hour" indicator highlights the days when the quarterly expiration of stock index futures, options on futures, and options on stocks occurs simultaneously. These events, known as "Triple Witching Days," typically happen on the third Friday of March, June, September, and December. The indicator marks these days on the chart with a red triangle below the price bars and displays a label with the text "Triple Witching Hour." Traders can use this tool to identify periods of potential market volatility and adjust their strategies accordingly.