Markets
March 12, 2026
Wall Street Is Hedging an S&P 500 Crash at Historic Levels
S&P 500 crash hedging has hit record levels, with put options demand now exceeding anything seen during the 2020 crash, the 2022 bear market, and the 2008 financial crisis. Estimated S&P 500 put delta positioning has dropped to -$70 billion, the most negative reading since at least the financial crisis, according to JPMorgan data. That […]