Who's the Bear Driving Up the Price of U.S. Stock Options? BanksBy
S&P 500 skew has been elevated in 2015 relative to history
Deutsche Bank says stress test requirements are contributing
For more than a year, dealers in the U.S. equity derivatives market have noted a widening gap in the price of certain options. If you want to buy a put to protect against losses in the Standard & Poor’s 500 Index, often you’ll pay twice as much as you would for a bullish call betting on gains.
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