The S&P 500 had its largest ever put volume day on Friday
FROM THE WIRE · SEEKINGALPHA.COM
[stock exchange graph background] primeimages/iStock via Getty Images The S&P 500 (SP500 [https://seekingalpha.com/symbol/SP500]) recorded its largest-ever single-day put options trading volume by dollar notional value last Friday. The index reached an estimated $3.3T-$3.4T…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA record surge in downside protection on the main index signals a sharp shift in market sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01S&P 500 put volume reached an estimated 3.3-3.4 trillion dollars.
- 02The put-to-call ratio spiked to 1.46 as investors bought downside protection.
- 03Goldman Sachs called it the first real sign of panic in index protection.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
State Street SPDR S&P 500 ETF766.60 USDMarket closedtoday +0.44%Negative S&P 5007,691.39-0.16%today +0.42%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets