Investors Tap Aussies Equity Puts As Macro Fiscal Cliff Hedge
Investors are buying puts on the S&P/ASX 200 index as a macro tail-risk hedge on U.S. fiscal cliff concerns and as a downside hedge against a possible economic slowdown in Australia.
Investors are buying puts on the S&P/ASX 200 index as a macro tail-risk hedge on U.S. fiscal cliff concerns and as a downside hedge against a possible economic slowdown in Australia. Keith Law, strategist at UBS in Hong Kong, told DI there has been significant put buying globally ...
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