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stock market traders
A trader works on the floor of the New York Stock Exchange (NYSE) a day after the market closed for over three hours yesterday due to a 'technical glitch' on July 9, 2015 in New York City. The market had a normal opening today with no reports of problems.

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  • The cost of protecting against a stock-market sell-off hasn't been this low since 2008, per Bank of America. 
  • High interest rates and low equity volatility are driving down the price of S&P 500 put options.
  • "Since our data began in 2008, it has never cost less to protect against an S&P drawdown in the next 12 months," the bank said. 

Investors looking to hedge against US stock-market weakness are in for a bargain.

Put options on the S&P 500 — which are used to hedge losses in the index over the coming 12 months — haven't been this cheap since 2008, according to Bank of America.

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Markets, MI Exclusive, S&P 500, US stocks, Stock markets, put options, Stock Market Crash, Stock Market, stock volatility, VIX, Bank of America, stock market outlook 2023, Investing Strategy, Options market, Volatility
Source
It hasn't been this cheap since 2008 to protect against a stock market sell-off…