Wall Street Options Pros Play It Cool Before Key Earnings Week
- Put-call ratio on US stocks holds near multi-year lows
- Tech options show muted demand for protection against swings
Pedestrians on Wall Street near the New York Stock Exchange.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Options traders are keeping calm ahead of this quarter’s biggest week of earnings.
Companies representing more than 30% of the Russell 1000 Index’s market value are expected to report this week, including technology and energy giants from Apple Inc. to Exxon Mobil Corp. On top of that, the Federal Reserve will announce its latest rate decision Wednesday, while Donald Trump is issuing executive orders and pronouncements on everything from interest rates to oil prices.