"But, if you look at the options market, they're not pricing in a ton of event risk or event premium around that event," said Chintawongvanich. "The options market is pricing in a lot of volatility in the next one to two weeks which makes sense given we're playing headline pingpong here with the markets with any tweet moving the market up or down."
S&P 500 forward volatility through to May 24 is expected to come in at 19.3, Chintawongvanich said. However, the options market is currently looking for volatility relatively subdued at below 16 in June. That means that options covering that period are comparatively cheap, he said. "A lot of people kind of bought protection when the trade stuff first started flaring up a couple of weeks ago. If you have stuff that's expiring soon … I would suggest definitely look at some of those options and what we call rolling them out, so selling those near-dated options and buying options that expire on July 5. That will capture both the G-20 meetings, June 28 and 29, and the next FOMC meeting.
No sh*t Sherlock... It doesn't take a genius to guess China and Iran
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Private prison company GEO Group is worried that public pressure to divest could hurt its bottom lineJP Morgan and Wells Fargo divested from private prisons after a massive public pressure campaign. GEO Group is worried about what may come next. GOOD! SeezBeez NO ONE should make a profit from the suffering of others. NO ONE. Especially not a Trump Humper.
Source: Newsweek - 🏆 468. / 52 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »