SPDR S&P 500 ETF Trust (SPY) option IV increases into Fed policy decision

SPDR S&P 500 ETF Trust (NYSE: SPY) September weekly call option implied volatility is at 38, October is at 26; compared to its 52-week range of 12 to 56. Call put ratio 1 call to 1.5 puts into FOMC policy decision.

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