Banks use crash puts to hedge gap risk tied to leveraged ETF swaps, Bloomberg Intelligence’s Eric Balchunas says. The options help protect against stock drops t

BWB News TV • 2026-08-03 11:32 UTC • By Billy Odell Tucker-Robinson

Banks use crash puts to hedge gap risk tied to leveraged ETF swaps, Bloomberg Intelligence’s Eric Balchunas says. The options help protect against stock drops that exceed the leverage buffer and can also be used in income strategies.

Share this article

𝕏 X / Twitter Facebook LinkedIn WhatsApp

📚 More from Billy’s World

📰 Banking With Billy News All breaking financial news & market analysis 📚 Banking With Billy Books Deep-dive books on every financial story 💬 Join the Community discord.gg/VHxwmR5j4Y 🎥 Banking With Billy on YouTube Live streams & market commentary

Banking With Billy News Network — bankingwithbilly.com
Discord: discord.gg/VHxwmR5j4Y • YouTube: @BankingWithBilly