Investors are hedging portfolios at a record pace amid the rising market volatility, with benchmark indices just 3% away from peaks. This is reflected in a record high open interest of the index put option contracts. The total open interest of the put options on the index reached 58.2 lakh on a twenty-day rolling basis while the total open interest on the index call options dropped by 20% from the peak of 66.2 lakh contracts according to the data from Bloomberg.
US assets decline amid tariff, Fed consternation
The dollar weakened against its major peers with euro among the outperformers. The yen climbed to the strongest level against the greenback since September. Treasuries
April 21, 2025