Jun. 20 at 2:34 PM
$AMPX Happy Triple-Witch Friday—a day when Wall Street’s cauldron bubbles over with the simultaneous expiration of stock options, index options, and index futures, unleashing a spell of wild trading and unpredictable price swings. If you glanced at AMPX stock today and wondered if your screen was haunted, you’re not alone: the price ricocheted from
$3.83 to
$3.43 faster than you could say “abracadabra,” and for no apparent reason other than the market’s own supernatural mood swings. Triple witching is famous for making stocks act like caffeinated broomsticks, and AMPX’s volatility—averaging over 10% daily—means it fits right in with today’s chaos. So whether you’re a wizard at options or just a mere mortal with a brokerage account, don’t be surprised if AMPX’s chart looks like it’s been hexed by a particularly mischievous market spirit.
