Investors zero in on short-dated options to trade US inflation prints
But critics say 0DTE products are increasing volatility around CPI announcements
Investors in recent months have been piling into short-dated options as they try to speculate on, or hedge against, market moves driven by US inflation.
During the final quarter of 2022, volumes of zero-day to expiry (0DTE) S&P 500 Index options started to spike on days when the US government published its monthly Consumer Price Index (CPI) data, which measures changes in the prices of goods and
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