Pro traders scramble for protection in 'warp speed' market, spur quadrupling of S&P 500 hedge cost

Article Link: Pro traders scramble for protection in ‘warp speed’ market, spur quadrupling of S&P 500 hedge cost

As fears of a drastic pullback intensified, it has gotten four times more expensive to hedge against more losses in the S&P 500 than before the coronavirus landed.

Source: CNN Investing