Options Pros See ‘Nothingburger’ From Delayed Inflation Report

Options traders are betting the S&P 500 Index will swing 0.7% in either direction, according to data compiled by Barclays Plc. That’s sharply lower than the 1% average realized move spurred by the 12 reports delivered through September. The Federal Reserve has been reacting more to signs of labor-market weakness than what have become small moves in the rate of inflation. There won’t be an October CPI report.