Goldman: Attractive FOMC-Day Option Opportunities

Goldman Sachs options guru, John Marshall, recommends buying options to position for FOMC-day volatility.

SPX options are pricing a +/-0.7% move for FOMC day (marginally lower than expectations ahead of the past 8 FOMC events +/-0.8%).

This is also low relative to the average realized move of +/-1.0% seen during FOMC events since the beginning of 2023 (the Dec-24 FOMC day was the largest realized SPX move of +/-2.9% during this period).