State Street SPDR S&P 500 ETF Trust
ARCASPY closed the week up 1.8%, but Tuesday's sharp reversal and a jarring one-session spike in options hedging demand suggest the post-Iran-deal calm has already worn thin. The options signal is the standout this week, and it represents a genuine about-face from where things stood on Monday. The put/call ratio jumped to 2.15 on Tuesday — more than three standard deviations above its…
SPY cost to borrow jumps to 0.45%, up 220% in one week as borrowing demand resurges post-geopolitical relief.
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Read on ORTEX →Sign up for premiumSPY closed the week up 1.8%, but Tuesday's sharp reversal and a jarring one-session spike in options hedging demand suggest the post-Iran-deal calm has already worn thin. The options signal is the standout this week,…
Snapshot as of 21 Jun 2026
SPY is trying to stabilise after last week's Iran-Israel shock, but options traders have not yet returned the favour — the put/call ratio jumped sharply on Tuesday even as the geopolitical headlines momentarily…
SPY has added 1.2% over the past week and 5.4% in a month, reaching $759.57 — but the more telling development is happening beneath the surface, where short sellers have been stepping back and options traders are…
SPY closed out the week at $750.59, up 2.3% over five sessions, but the options market is not buying the recovery with any conviction. The put/call ratio spiked to 2.21 on Tuesday — more than 2.3 standard deviations…
SPY enters the final days of May with the sharpest options skew in months — even as the short book remains subdued and borrowing costs stay near record lows for the instrument. The options signal is the dominant story…
Options traders have piled into defensive positioning at a historic rate — and the divergence with an easing short book is the defining tension for SPY this week. The put/call ratio jumped to 2.40 on May 12, a full…
Options markets sent a loud defensive signal this week — but the broader lending picture tells a very different story. The clearest tension in SPY right now sits between options positioning and borrow market…
Short interest in the S&P 500 ETF dropped 2% over the past week while cost to borrow jumped 27%. Options sentiment spiked to a 2.67 standard deviation above the 20-day mean. Utilisation fell to 6.45%, down from the…
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