Nasdaq 100 Reshuffle Adds Twist to $2.4 Trillion Options Event

Discussion in 'Options' started by ETJ, Jul 20, 2023.

  1. ETJ

    ETJ

    Nasdaq 100 Reshuffle Adds Twist to $2.4 Trillion Options Event
    Lu Wang - Bloomberg
    An out-of-cycle rebalance in the Nasdaq 100 is adding another layer of wrinkles to stock trading with a flood of options expiring Friday.
    The special index rebalance, intended to reduce the dominance of technology megacaps, may see passive investors use the last window to bring their portfolios in line with the benchmark before the changes take effect Monday. The revamp is set to boost the presence of smaller members, with two-way transactions likely reaching $60 billion, according to an estimate by Min Moon, a strategist at JPMorgan Chase & Co.
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