Small caps slide as heavy IWM put buying and short positioning build into FOMC

Small caps fell 2.4% to $288.89, with IWM down 5.3% from its Aug 14 close, as more than $10M in IWM puts traded and options flow skewed heavily to puts. Traders cited the selloff and defensive positioning building into the FOMC meeting.

Detected & updated continuously · Source: Nebula