SPY preview Wk of 12/13/21, 3rd wk, monthly, quad witch expiry for Dec/2021, fri 12/17.
Still some Debt ceiling drama going on.
Talk inflation, stock bubble, some call 10%, 20%, 30%, 90% drop, some call sugar hi, some call more uptrend.
FED talk taper. FOMC meeting tue, wed, Powell talk on wed.
Political drama, market drama. World events getting dangerous, China, Russia, NATO turmoil.
FED acts support for markets, infrastructure bill got passed, tax hike talk, trying to pass BBB spending.
Virus still concern, new variant Omicron from south Africa shows up across the world.
Options pricing +/-$7.20 move, +/-1.50%, last fri close 470.74, possible range of 464 to 478 for this week.
Option volume, open interest all over the place for puts, calls, but 460 to 475 range could hold.