Countdown to the next Fed meeting, CPI, jobs report and expiration
The Fed, CPI, the jobs report, the next expiration. See how many days you have before each one hits, and how many of those days the market is open.
| Event | Next date | Days away | Trading days |
|---|
How it works: for each event it finds the first confirmed date on or after the day you picked. "Days away" counts every calendar day. "Trading days" counts the days the US stock market is open, up to and including the event day: weekends and market holidays are skipped. An event on the day you picked shows as today. The dates come from the people who set them: the Federal Reserve, the Bureau of Labor Statistics, the Bureau of Economic Analysis, the options clearing house and Cboe. Where a list isn't confirmed yet, it says so instead of guessing.
Why these dates move prices
Each of these days is news the whole market waits for. The Fed's rate decision comes out at 2:00 p.m. New York time. CPI and the jobs report come out at 8:30 a.m., before the open. PCE usually does too. Big news can make prices jump in seconds. Option prices know it, so they often cost more in the days before. Then that extra drains away once the news is out. A seller who knows the date can choose: sell before it and take the jump, or wait until it passes. Every date for the year, and what each one means, is in the economic calendar for 2027.
Expiration days and the VIX settlement
Monthly options expire on the third Friday of the month. When that Friday is a market holiday, they expire the Thursday before. Four times a year, in March, June, September and December, stock options, index options and index futures all expire on the same day. Traders call it triple witching. Volume is often heavy, mostly near the close. The VIX settles on a Wednesday, about a month before the next monthly expiration. Count trading days, not calendar days, when you judge how much time an option has left. More in selling options around CPI and Fed days.
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