Options Traders' Unease Focuses on CPI More Than Fed, Citi Says
(Bloomberg) -- The options market is more concerned about a potentially big S&P 500 move on Tuesday’s inflation report than it is about the Federal Reserve’s interest rate decision next week, Citigroup analysts said.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapTech CEOs Are Addicted to Taking Needless RisksThese Are the Best Countries for Wealthy ExpatsThe S&P 500 Index is implied to move 0.9%