WS #12280
A $271.89M bearish SPX options block (4700 contracts, strike 7000, exp Sep 18) was detected, signaling institutional hedging for downward movement. Dollar hedging costs sank to lowest level this year.
Institutional hedging and bearish positioning
A $271.89M bearish SPX options block (4700 contracts, strike 7000, exp Sep 18) was detected, signaling institutional hedging for downward movement. Dollar hedging costs sank to lowest level this year.