Ring around the Rosie, Pocket Full of SPY Put Options
I recently remarked that the uptrend had resumed in the S&P 500 e-mini stock futures (albeit a weak uptrend) after emerging from a minor low on December 16th at 1961.50. The e-mini then rose to 2088.75 on December 26th before falling to 2046.25 at the close on January 2, 2015. I address in this essay whether a put option hedge may help investors potentially protect their portfolios from a decline in stock prices at this juncture in the stock market.
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