Zero-day options not to blame for sell-off, says Cboe
Exchange says hedging activity more likely to be a stabilizer.
Contrary to what some Wall Street analysts are saying, a surge in trading of zero-day to expiry options shouldn’t be blamed for Wednesday’s drop in the S&P 500 Index, according to Cboe Global Markets Inc.
As the broad equities benchmark sank in the last two hours of the session, tra
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