The last Friday of the year is an important day for traders. $14 billion worth of options contracts are about to expire, and we may see significant volatility in the market.

🟢 So far, buyers have the upper hand, and for every 10 buy contracts, there are 7 sell contracts. Therefore, the probability of bulls trying to push prices higher until the expiration of contracts is high.

🔴 On the other hand, due to the recent decline and market correction, bears can also shock the market if they create high selling pressure.

We'll see which side can win in this battle⁉️