How has the put buying activity changed in the market recently?
How Benchmark's Kevin Kelly Is Trading Apple
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Kevin Kelly from Benchmark Investments discusses recent market trends, highlighting volatility and put buying in sectors like technology and financials. He explains the concept of portfolio insurance and the skew index, noting changes in investor behavior. Kelly also shares his trade strategy on Apple, emphasizing the 'Tim Cook put' as a way to engage with the market.
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What does Kevin Kelly suggest about the future of technology and financials in the market?
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