negative gamma Tag

Options Based Hedging is at Record Levels

07 Sep, by Steven Vannelli, CFA in Markets

Last week, the combined dollar value of hedge positions on the S&P 500, NASDAQ 100 and Dow Jones Industrial indexes was $121.43 billion, not far from the August 16 peak of $160.02 billion. Last week, large traders (50 or more contracts) bought nearly 5 million put...