Outlook 12/19: Stock futures rise as AI trade tries to end year on high note. Oracle, Nvidia and Micron climb in premarket after recent volatility. Today could see volatile market activity as options on three types of securities are set to expire on the same day, an event known as “triple witching.” More than $2 trillion in notional options exposure is set to expire this Friday. At 9:30 AM ET we'll see ~$1.8tn delta notional of SPX expire, and at 4pm another ~$500bn of ETF's & single stocks expire. CBOE 0DTEs flipping positive to negative gamma created relatively unstable intraday conditions featuring several “shake-out” moves. 76% Calls over 24% Puts, suggest a bullish Friday but a break below SPX 6,782 flipped to negative gamma and could accelerate a move toward 6,700-6,600.
ESH26 (Mar2026): YVAH 6854 YPOC 6838 YVAL 6820 GAP 6822
/ES Plan: Yesterday market closed balance, and overnight continues on that way, still moving within previous value, so these're the opening and initial balance options for current session:
