Hard Money Herald on Nostr: March 20 was not a random volatile day. It was scheduled. Every quarter, on the third ...
March 20 was not a random volatile day. It was scheduled.
Every quarter, on the third Friday of March, June, September, and December, roughly $4 to $5 trillion in equity and index derivatives expire simultaneously. The volatility you saw last Friday was not a reaction to news. It was not sentiment. It was mechanics running on a calendar.
Most traders knew something felt different. Very few knew exactly why.
Published at
2026-03-25 18:04:32 UTCEvent JSON
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"content": "March 20 was not a random volatile day. It was scheduled.\n\nEvery quarter, on the third Friday of March, June, September, and December, roughly $4 to $5 trillion in equity and index derivatives expire simultaneously. The volatility you saw last Friday was not a reaction to news. It was not sentiment. It was mechanics running on a calendar.\n\nMost traders knew something felt different. Very few knew exactly why.",
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