A market hedge if history delivers another weak September

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Jeff Kilburg breaks down a risk-reversal trade on the SPDR S&P 500.

August was an emotional roller coaster for investors. Some investors bravely took advantage of a brief buying opportunity after a historic volatility surge earlier in the month. As the S & P 500 now sits less than 1% away from its all-time high established in July, I anticipate a September slowdown and the SPDR S & P 500 ETF to be range bound.

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