Traders are anticipating the largest Fed-Day move in the S&P 500 since 2023, according to Citi. Options professionals are preparing for a significant swing in the S&P 500 following the upcoming FOMC meeting, with the index having dropped 4.2% in April due to concerns over geopolitics and rates. The market is implied to move 0.95% on Wednesday, suggesting a substantial reaction to the interest-rate announcement.
Options traders brace for biggest S&P jobs-day swing in a year https://t.co/b0NXMaQRqM via @business
The market is expecting the biggest Fed-Day move in the S&P 500 since 2023, per Citi https://t.co/0y6Bfo8fF1
Traders Expect Biggest Fed-Day Move in S&P Since 2023, Citi Says https://t.co/HgJwGjYlGA
The benchmark index is implied to move 0.95% on Wednesday>> Traders Expect Biggest Fed-Day Move in S&P Since 2023, Citi Says Traders are pricing in a bigger stock-market reaction following tomorrow’s interest-rate announcement that they did at any point in the past 11 months… https://t.co/ExlDA4g2gk
🇺🇸 Traders Expect Biggest #Fed-Day Move in S&P Since 2023, Citi Says - Bloomberg https://t.co/Z8DZmqBJvG https://t.co/q8pWZVUjYv
Traders Expect Biggest Fed-Day Move In S&P Since 2023, Citi Says - BBG https://t.co/I5PpVEGsOw
Traders Expect Biggest Fed-Day Move in S&P Since 2023, Citi Says - Options pros are positioned for wide S&P 500 swing after FOMC - S&P 500 fell 4.2% in April amid angst over geopolitics, rates https://t.co/0eEEp2ASXA