$3 trillion in notional

Discussion in 'Options' started by ajacobson, Jan 21, 2022.

  1. ajacobson

    ajacobson

    "178 million option contracts or $3 trillion in notional expire today! Largest ever. Expiration fireworks or are there $2 trillion in worthless calls coming off and there will be nada?"

    Comment from one of the remaining CBOE floor brokers.
     
    Atikon, dealmaker and RedSun like this.
  2. How did you come up with the "$2 trillion in worthless calls" number?
     
  3. Nobert

    Nobert

     
    dealmaker likes this.