State Bank of India Options Skew Drop Signals Gain Amid Merger

  • Skew spread at 18-month low indicates upside: Anand Rathi
  • State Bank of Travancore among top gainers on BSE 500 Index

The cost of options to protect against a drop in State Bank of India’s shares tumbled to a 18-month low amid optimism about the lender’s merger with its associates.

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