BLOOMBERG Whatd You Miss July 12, 2024
Volume on the s p 500. There was commitment on this rally. Taylor start with the chart i am showing you in my terminal. You asked about hedging activities. Look at this chart, or the lack of hedging. People have an minding bullish call options, but not a lot of bearish put options. They are down very low. Buying puts could have cost you a lot of money. That is why we are seeing this rally. I want to look at the individual movers, American Airlines jumping after a 40 gain yesterday. They are seeing a 70 increase in demand. Suspending in some markets because of demand. It was up 100 at one point...