2 days ago
Traders Hedge Tech With Costly "Disaster" Puts: Jacobson
Jeff Jacobson, Head of Derivative Strategy at 22V Research, says investor demand for downside protection may reflect fears of 'another event' rather than a typical pullback. He tells Romaine Bostick and Scarlet Fu on 'The Close' that traders should accept expensive tail hedges and instead focus on put spreads to profit from normal pullbacks. (Source: Bloomberg)