Bank Rout Sends Feds Scrambling as Investors Panic

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A lot has changed over the past week as repricing of Federal Reserve interest rate policy last Tuesday had the options market betting on red for regional banks. Now that SVIB and SBNY have folded, do the Feds have what it takes to blow the next bubble or is more downside expected? Today’s option trade is looking for big moves in the coming days. (KRE, HBAN, AIG, GLD, GDX, BITO, TLT, VXX, XLE, QQQ)

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