As Stocks Soar, Demand For Downside Risk Hedges Reaches Highest Since 2018

zerohedge2021-07-16

While Small Caps have taken a kickin' recently, the broad stock market continues to ascend Icarus-like to ever higher highs on a bed of global liquidity and hope-filled dreams of a return to an even ...

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Comments

Azmil8888
2021-07-16
Azmil8888
nice
leyvancs
2021-07-16
leyvancs
Like and comment and I'll do the same !
- leyvancs:
  cheers
- Ck38:
  Ok pls like
Jimmy365
2021-07-16
Jimmy365
Okokok
- WilsonTan112:
  Like
- Jimmy365:
  Okok
TemplarDon
2021-07-16
TemplarDon
Like and comment pls
- Jimmy365:
  Okok
Soksok
2021-07-16
Soksok
Like
- DirtyGreen:
  nice
- nicholastsj:
  like
JLSE
2021-07-16
JLSE
Like

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href=https://www.zerohedge.com/markets/stocks-soar-demand-downside-risk-hedges-reachest-highest-2018><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While Small Caps have taken a kickin' recently, the broad stock market continues to ascend Icarus-like to ever higher highs on a bed of global liquidity and hope-filled dreams of a return to an even ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/stocks-soar-demand-downside-risk-hedges-reachest-highest-2018\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ 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and hope-filled dreams of a return to an even more utopian (and profitable) normal.\nThere's just one thing (well two actually, but more on that later)...\nAs stocks have hit record-er and record-er highs recently, options traders have been buying puts (downside protection) with both hands and feet...\n\nSource: Bloomberg\nAs a result,implied volatility in S&P 500 puts that look three months out reached the highest level since 2018 relative to similar call contracts.\n\nSource: Bloomberg\nSimply put, despite the appearance of price, investor anxiety is on the rise.\nAs Susquehanna International Group’s Chris Murphy pointed out in a recent note, the worry is that, should the sentiment sour, correlation between shares that recently hit fresh lows will skyrocket, making stocks drop together at the same time.\n\n“Correlation is currently so low, but if that changes, then everything starts moving together and volatility could move up quickly and the S&P could move to the downside,”Murphy 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and comment pls","listText":"Like and comment pls","text":"Like and comment 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