Stock options traders are growing cautious, with a Group of 20 meeting later thi...
- Stock options traders are growing cautious, with a Group of 20 meeting later this month looking like a last chance for the United States and China to back away from a market-rocking trade war and Mexico also bracing for threatened tariffs.
Only speculation in recent days that the Federal Reserve might begin easing interest rates in coming months has cushioned the impact of trade tensions that sent the S&P 500 skidding from record highs last month. As of Wednesday’s close, outstanding positions in put options that will appreciate if the SPDR S&P 500 ETF Trust goes down increased almost three times more than interest in call options that are bets on SPY rising, according to option pricing website TradeAlert.
Overnight, Trump threatened to hit China with tariffs on at least another $300 billion worth of goods, but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States.
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