On November 15, 2024, approximately $1.9 trillion in notional value of SPX and SPY options will expire or roll over, marking a significant event in the financial markets. This expiration coincides with FX option expiries scheduled for 10 AM New York time on the same day. Analysts anticipate that the options expiration may lead to wide and choppy trading ranges in single stocks, as market participants adjust their positions ahead of the expirations.