S&P 500 Levels Priced Into Options Ahead Of Fed Decision

The S&P 500 is being watched closely as the Federal Reserve makes a decision. The options market has priced in important trading levels. These levels are considered crucial for investors. Reuters provides insight into what these levels are. Investors are waiting eagerly for the outcome of the Fed's decision.

The S&P 500 is doing okay even with the important debt-ceiling vote coming up. The Senate passed the bill with 63 votes in favor and 36 against. The index is almost at the same level as it was in August 2022.

Read about the best S&P 500 ETFs.

Investors thought debt ceiling would pass. Lawmakers expected to wait until last minute. Majority did not think there would be a default crisis.

Investors are waiting for the Federal Reserve's June policy decision. The meeting is on June 13-14. The decision will give hints about future rates. Traders should look at the options market outlook for the S&P500. It will help them know important trading levels.

The S&P 500 went up by 0.99% and reached 4,221.02 on Thursday. People are interested in out-of-the-money Call options that expire on June 16. Most people want to buy 4,300 Call strike, which could make the level strong. It might be difficult to go up past this level in the near future.

The $4,150 Put strike has a lot of open interest buildup. This could serve as support if there is a quick sell-off.

Open interest gives an idea of support and resistance. Big news or events can change stock prices and open interest levels.

Have you read about Peter Schiff's thoughts on treasury safety? He's not impressed. He thinks there's a bigger problem that people aren't understanding. Want to know more? Keep reading!

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