Options traders anticipate a significant S&P 500 move on Tuesday's inflation report, impacting the Fed's rate decision.
Options traders are more concerned about a significant S&P 500 move on Tuesday's inflation report than the Federal Reserve's interest rate decision next week, according to Citigroup analysts. The implied move on the S&P 500 ahead of the consumer price index (CPI) report is the biggest since April 2023, with most of the increase in options pricing concentrated in the very near-term. The CPI update is expected to influence the Fed's rate decision.
March 11, 2024
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