S & P 500 slides brings a large selection position to rare focus

(Bloomberg) – A large selection position that ends in the end of the month is a new level for fate in Wall Street.

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JPMorgan hedge (JHEQX), which uses options to stay against drops in the index – at the end of each quarter, is a long position on S & P 500 in S & P 500. The current collar – includes short positions and 6,165 calls in 4700 – 6,165 calls – Derivatives are expected to prevent a deeper sale, according to the strategists. The S & P 500 was on Monday and Tuesday when the S & P 500 went back to this level before returning.

Only JPMorgan collar trade, only JPMorgan collar trade was a long time in the height of 2020, and this level was not below the bottom, the founder of Brent Kochuba, Spotgamma.

“It’s a pinning point,” he said. “S & P can test 500,500,500, then leaps until the end of the month by the end of April.”

The JPMorgan Hedge Capital Fund, along with options in the benchmark index, resets S & P 500 shares in a basket and a quarter of the hedges. The fund aims to earn income from the capital market while restricting investors’ ads. After the position of choices is driven three months, the effects of their current price change should be reduced.

The form of the vix futures curve is more expensive than April and May, which is more expensive than April and May. The March agreement is a monthly volatility in S & P 500, as a monthly volatility, the Trump management plans to open plans of so-called duties about the nations around the world, it is more widespread.

“If we close the end of the quarter, it is so great that the index is a hundred percent of the index, boutique variability Hedge consultants.” The main gardener can take part in this trade by selling and selling $ 10 billion dollars in this trade.