Options Bets Against Banks Surged Ahead of Fed Meeting

First Republic, PacWest and the broader regional bank ecosystem share a similarity: Options traders are pressing wagers against them ahead of the Federal Reserve's interest-rate decision today. When First Republic Bank lost half its value in one day last week, it was the fifth most-active options…

#firstrepublic #pacwest #federalreserve #firstrepublicbank #cboe #westernalliance #kre