JPM collar creates a pin at ~$6475 SPX
The analyst highlighted a large, expiring JPMorgan hedged equity fund put position at SPX 6500/$6475 that is likely to act as a magnet for the market, providing support into its March 31st expiration date.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.