35 days ago • Posted by Jasper Lawler

Market decline prompts furious hedging. Put/call back to November high

A Cboe put-to-call ratio that tracks the volume of options tied to everything from single stocks to indexes, including the S&P 500 and the VIX fear gauge, reached 0.99 this week in its highest level since November. Short bets against the largest S&P 500 ETF, ticker SPY, have also spiked, as have those on the tech-focused Invesco QQQ fund.

Source: Bloomberg

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