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Index Options Are Now Cheap; Here's How To Buy Insurance Using The S&P 500 Tracking Fund SPY

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03:04 PM ET 06/22/2026

The stock market is once again on a roll. With Iran tensions simmering down and AI hype ramping back up, the path of least resistance appears to be higher. However, concerns are building beneath the surface. Total debt balances in client accounts hit another inflation-adjusted record last month, showing elevated leverage. Also, trades such as the massive inflow into chip…