Previous close | 1.9300 |
Open | 2.1000 |
Bid | 1.7500 |
Ask | 2.3000 |
Strike | 135.00 |
Expiry date | 2024-12-20 |
Day's range | 2.1000 - 2.2000 |
Contract range | N/A |
Volume | |
Open interest | 734 |
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.