Brace for wild trading on Friday as a huge wave of options is set to expire

Brace for wild trading on Friday as a huge wave of options is set to expire

Friday is poised to see the largest ever May trading day for options expirations on record, according to Goldman Sachs.

FLASH FRIDAY: While Options Slept

FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology. FLASH FRIDAY is sponsored by Instinet, a Nomura company. Of the 14 slides Henry Schwartz presented in the State of the Industry panel at last week’s Options Industry Conference, the final one – which showed SPX 0DTE option volume per minute in 2025 – caught the most buzz on social media. But here at Flash Friday we are obses…