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Saturday, April 4, 2026

Economic Events Calendar

Key macroeconomic events that move options markets. Trading playbooks and historical impact analysis for each release.

HIGH IMPACTMonthly

Consumer Price Index

CPI

Measures inflation at the consumer level. The single most impactful data release for options markets, driving IV expansion across all sectors.

HIGH IMPACT8x per year

Federal Open Market Committee

FOMC

The Fed's interest rate decision and forward guidance. Triggers major repricing of rate-sensitive options and broad market volatility.

HIGH IMPACTMonthly

Non-Farm Payrolls

NFP

The employment situation report covering job creation, unemployment rate, and wage growth. Key indicator for economic health and Fed policy direction.

MEDIUM IMPACTMonthly

Producer Price Index

PPI

Tracks wholesale price changes before they reach consumers. A leading indicator for CPI that moves options pricing in materials and industrials.

HIGH IMPACTMonthly

Personal Consumption Expenditures

PCE

The Fed's preferred inflation gauge. Core PCE drives rate expectations and impacts options pricing across consumer discretionary and staples.

MEDIUM IMPACTQuarterly

Gross Domestic Product

GDP

The broadest measure of economic output. GDP surprises can shift market regime expectations and reshape sector options positioning.

HIGH IMPACTQuarterly

Quarterly Earnings Season

Earnings Season

Corporate earnings reporting period. IV crush, straddle pricing, and post-earnings drift create the highest-volume options trading windows.

MEDIUM IMPACTMonthly/Weekly

Options Expiration

OpEx

Options expiration dates with max pain convergence, gamma exposure spikes, and pin risk. Monthly OpEx typically sees elevated volume and volatility.

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