Stock-Market Crash Betting Costs Hit 12-Year Low: BofA

The cost of protecting against a stock market sell-off is currently at its lowest since 2008, according to Bank of America. Low equity volatility and high interest rates have driven down the price of S&P 500 put options, making it a bargain for investors looking to hedge against potential market weakness. Despite the recent rally in US stocks, concerns over high interest rates, stretched valuations, and recession risks have prompted investors to consider buying these options at the current low prices.