Options Traders Flag Big S&P 500 Moves as Inflation Report Looms
This article is for subscribers only.
Options traders are bracing for fresh bouts of volatility tied to Wednesday’s key US consumer price index report.
The S&P 500 Index is expected to move 1% in either direction tomorrow, based on the cost of at-the-money puts and calls, according to Stuart Kaiser, Citigroup’s head of US equity trading strategy. That’s the largest implied move ahead of a CPI print since the regional bank turmoil in March 2023.