"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
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saving for retirement depends on whether you listen to The Beatles or Bon JoviPreparing for retirement looks a lot different for baby boomers than it does for millenials. A new report from the Wells Fargo Investment Institute, titled 'Reimagining Retirement,' offers tips on how the different generations can be able to comfortably exit the workforce. Thank you for including GenX Another absolute gem from CNBC
Source: CNBC - 🏆 12. / 72 Read more »
Cannabis stocks join market downturn ahead of major earnings reportsCannabis stocks were mostly lower Monday, amid a broad market tumble related to the Sino-American trade fight. Shocking. I thought MJ stocks were going to be the blue chips of tomorrow..
Source: MarketWatch - 🏆 3. / 97 Read more »
These two Dow stocks could provide shelter in a volatile marketTwo Dow components look like buys to some traders even though the DJIA is having its worst week of the year.
Source: CNBC - 🏆 12. / 72 Read more »
‘Policy decisions’ are ‘creating havoc’ in global stock markets, says Goldman luminary'I think what we’ve seen over the last few days is that policy decisions and comments are in fact creating havoc not just in our markets but around the world,' Abby Joseph Cohen Is it policy decisions or the way the media presents them? Erratic old men making arbitrary decisions is a recipe for economic disaster. Trump manipulated markets in his favor in the 90's. Maybe he's doing that again but on a larger scale?
Source: MarketWatch - 🏆 3. / 97 Read more »