OptionsHouse

Options Trading News

January 16, 2013  Wed 1:16 AM CT

JPM: SEE CHART GET CHAIN FIND STRATEGIES
Today's event calendar focuses on bank earnings and the Federal Reserve's Beige Book report.

JP Morgan and Goldman Sachs are both scheduled to release fourth-quarter results this morning. Financials have been the strongest sector in the market in the last six months, so the numbers could have a big impact on broader sentiment.

Other data points today include weekly mortgage applications at 7 a.m. ET and consumer-price inflation at 8:30 a.m. ET. Neither is likely to affect the market directly, though especially strong or weak mortgage data could move homebuilders.

The Federal Reserve will release industrial-production figures for December at 9:15 a.m. ET. While economists expect an increase of just 0.2 percent, down from 1.1 percent in the previous month, the report seldom moves share prices because it is already old.

Weekly data on crude-oil storage levels will be released at 10:30 a.m. ET, which could move energy prices.

The last big report comes at 2 p.m. ET, when the Fed publishes its Beige Book report, a survey of economic conditions across the country.
Share this article with your friends


Related Stories

JPM

Bulls bank on gains in JP Morgan Chase

June 17, 2016

A large investor is rolling calls forward in the banking giant ahead of its quarterly results next month.

OptionsHouse

Premium Services

Education & Strategy

The Movement of Delta

In our last column, we spoke about delta. You might remember that we discussed what delta was and what factors affected or changed delta. As you recall, we stated that three factors will have an effect on delta. They were movements of time, volatility, and underlying price. Today, we want to take a further look into the change of delta, this time focusing on change due to the movement in the underlying price. 

View more education articles »