Brace for increased S&P 500 volatility and keep a close eye on the number of US unemployment insurance claims
2024/8/8 11:19 JST (some excerpts)
The US stock exchange rate on the 8th took into account fluctuations of 1.2% up and down in the options market
Concerns about the deterioration of the US labor market are smoldering due to weak employment statistics for July
Traders who have been swayed by fluctuations in the US stock market are prepared for the possibility that volatility will increase further in the future, triggered by the number of US unemployment insurance claims to be announced on the 8th.
The options market suggests that the S&P 500 stock price index will fluctuate 1.2% in either direction up or down during trading on the 8th. Stuart Kaiser, the head of stock trading strategy at Citigroup, calculated it based on the cost of putting and calling at the money (where the exercise price of the option is equal to the price of the underlying asset). If the same level is maintained until the end of the 7th, it can be confirmed that the same level of volatility is expected on the 14th, when the July US Consumer Price Index (CPI) is announced, and the 29th, the day after NVIDIA's financial results announcement.
The US stock exchange rate on the 8th took into account fluctuations of 1.2% up and down in the options market
Concerns about the deterioration of the US labor market are smoldering due to weak employment statistics for July
Traders who have been swayed by fluctuations in the US stock market are prepared for the possibility that volatility will increase further in the future, triggered by the number of US unemployment insurance claims to be announced on the 8th.
The options market suggests that the S&P 500 stock price index will fluctuate 1.2% in either direction up or down during trading on the 8th. Stuart Kaiser, the head of stock trading strategy at Citigroup, calculated it based on the cost of putting and calling at the money (where the exercise price of the option is equal to the price of the underlying asset). If the same level is maintained until the end of the 7th, it can be confirmed that the same level of volatility is expected on the 14th, when the July US Consumer Price Index (CPI) is announced, and the 29th, the day after NVIDIA's financial results announcement.
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-ZODIAC- : I wonder if there are many investors who are wary because the Therm Rule was triggered on 8/2. 10 out of 11 times in the past. The accuracy is that even 5 months after that, the economy was in recession.