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Options Trading Mid-Week Update: CPI Ahead, More Pop or Drop?

Let’s dive in and discuss this volatile market and hopefully give you some clarity for the rest of the week. First we have the Consumer Price Index (CPI) on Thursday, March 10th at 8:30am that could be a catalyst and move the market. This economic event will be a big gauge of inflation and how much more consumers are paying for products. After a flush earlier in the week, the S&P 500 (ES) popped on Wednesday and further showed the whipsaw market we are in… so let’s discuss how to navigate this environment moving forward.