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Cost of betting on a stock-market crash is cheapest since 2008, says BofA

Por: MarketWatch Business July 26, 2023

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“Since our data began in 2008, it has never cost less to protect against an S&P drawdown in the next 12 months,” according to a team led by Benjamin Bowler, BofA’s top global equity-derivatives strategist. Relatively low equity volatility coupled with rising interest rates — the Federal Reserve is widely expected to deliver another 25-basis-point interest-rate hike on Wednesday — and low correlation among different corners of the stock... + full article



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