Options Markets Show a Creeping Fear That 2018's Winners Will Fall Flat
- Investors hedging against downside in high-flying tech shares
- High expectations for individual stocks, concern about indexes
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Traders are starting to worry that U.S. technology and domestically focused stocks are getting tired of winning.
As quarterly earnings reports begin to trickle out, there’s heightened demand for options that provide protection against a downturn in the Nasdaq 100-tracking Invesco QQQ Trust Series 1 exchange-traded fund, better known by its symbol QQQ, as well as the iShares Russell 2000 ETF, ticker IWM.