US stock market faces a test of unusual calm, with a warning from a well-known Wall Street team that the stock market may experience significant volatility

Wallstreetcn
2024.07.10 13:42

According to Bloomberg, Stuart Kaiser, the head of equity derivatives trading strategy at Citigroup in the United States, stated that based on the price of Thursday's at-the-money straddle options, the options market is betting that the S&P 500 Index may rise or fall by 0.8% after the release of CPI data on that day. If this scenario does occur, it would be the largest single-day volatility for the index since June 12th