Previous close | 15.36 |
Open | 16.93 |
Bid | 14.97 |
Ask | 15.30 |
Strike | 297.00 |
Expiry date | 2023-09-29 |
Day's range | 16.93 - 16.93 |
Contract range | N/A |
Volume | |
Open interest | 434 |
The current environment in the banking industry has left a lot of investors concerned and confused. Bank stocks generally do well when interest rates are rising, particularly when the economy is not in a recession. In recent weeks, three banks -- SVB Financial's Silicon Valley Bank, Signature Bank, and Silvergate Capital -- have failed or collapsed.
The market may have some answers post-Fed decision, but things are still on edge.
Year-over-year CPI, or the "inflation Rate," came in at +6.0%, just as expected, and 40 bps lower than January.