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Traders pay up for protection against sharp falls in US stocks
Traders have been scrambling to protect themselves from a collapse in US stocks, spooked by the coronavirus outbreak, the looming presidential race and the sheer strength of last year’s rally. 29 per cent in 2019 and started this year strongly, but the spreading nervousness has sent the S&P 500 index down by about 2.5 per cent since the middle of the month. The Cboe Volatility index — known as the market’s “fear gauge” — suggests that traders are now bracing for sharper moves.
https://finance.yahoo.com/m/32cfc46.../traders-pay-up-for-protection.html?.tsrc=rss
Traders have been scrambling to protect themselves from a collapse in US stocks, spooked by the coronavirus outbreak, the looming presidential race and the sheer strength of last year’s rally. 29 per cent in 2019 and started this year strongly, but the spreading nervousness has sent the S&P 500 index down by about 2.5 per cent since the middle of the month. The Cboe Volatility index — known as the market’s “fear gauge” — suggests that traders are now bracing for sharper moves.
https://finance.yahoo.com/m/32cfc46.../traders-pay-up-for-protection.html?.tsrc=rss
