Investor Demand for S&P 500 Downside Protection Plummets 75% Since March
Summary
The demand for S&P 500 downside protection has dropped significantly, with the three-month single-stock put-call skew falling 75% to 0.04 since March. This decline indicates that investors are moving away from hedging against market crashes, reflecting a broader trend of market complacency amidst record-breaking rallies in US equities. Historical data suggests this risk-on sentiment often benefits high-beta assets, including Bitcoin, as traders lean into potential upside exposure.
(Source:BeInCrypto)