How to buy a little insurance if the 2024 market boom loses some steam into year-end

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Jeff Kilburg describes his put option purchase on the SPDR S&P 500 ETF Trust.

Record-breaking annual equity inflows of $448 billion, according to Bank of America, continue to push the major indices higher. The S & P 500 has now seen seven consecutive weeks of inflows, keeping the post-election momentum intact. I want to use the S & P 500 SPDR Trust ETF to hedge these gains and bet against the consensus of markets finishing the year on a high note.

Click here for the full disclaimer.Nishant Pant

 

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