SPY News: Options Traders Pile Into Bearish Bets On Popular ETF - 6th Mar 2025, 10:25am

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Despite the stock-market rally Wednesday, options traders piled into bets that a popular exchange-traded fund would fall. That extended a frenzied level of activity seen on Tuesday. About 7.9 million put options tied to the SPDR S&P 500 ETF Trust—known by its ticker SPY— changed hands on Tuesday, the third highest level on record, according to Susquehanna International Group's Chris Murphy.

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