The $50B Notional Monster: How JHEQX Alone Dictates the S&P 500 Ceiling
Introduction Every quarter, JPMorgan’s Hedged Equity Fund (JHEQX) rolls its options hedge on the S&P 500. Commonly referred to as […]
Introduction Every quarter, JPMorgan’s Hedged Equity Fund (JHEQX) rolls its options hedge on the S&P 500. Commonly referred to as […]
What Is the JPM Collar? The “JPM collar” refers to a large, structured options position—widely associated with JPMorgan’s hedging program—that