Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The VIX, a key measure of market volatility, experienced significant fluctuations on FOMC day. Initially flat, the VIX spiked by 7.50% as investors anticipated the Federal Reserve's rate decision. Options pricing for major indices such as SPX, SPY, QQQ, and IWM indicated a 1% expected move, which later adjusted to a 0.6% move as Federal Reserve Chairman Jerome Powell began speaking. The market showed uncertainty regarding whether the rate hike would be 0.25% or 0.50%, influencing trading behavior. The implied volatility (50iv) and expected range for SPX was roughly 5630 to 5705.
$SPX $SPY options were pricing about a 1% move into the close prior to the rate announcement. Now pricing about a 0.6% move into the close as Powell begins speaking, roughly 5630 to 5705: https://t.co/6i7UiVIpjv https://t.co/DoicDHIAL4
Updated #0dte expected moves and implied range for the FOMC decision. $SPX $SPY $IWM $QQQ $TLT. With some uncertainty as to .25 vs .50 the actual announcement is likely to see an initial reaction and then the presser a separate (or extended) move into the close potentially… https://t.co/ApBPnNuZen
Happy #FOMC day. $SPX $SPY #0DTE options are ramping higher despite the flat open. They are now 50iv, maintaining about a 1% expected move: https://t.co/SUyeNt8DjO
