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What the Options Market Is Signaling About US-Iran Tensions

By Bloomberg Markets and Finance February 25, 2026 Bearish
What the Options Market Is Signaling About US-Iran Tensions
“The options market is telling you right now that investors are very hedged for a more challenging outcome in Iran,” says Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, as he sees a potential Mideast conflict as the next catalyst for markets.
“The options market is telling you right now that investors are very hedged for a more challenging outcome in Iran,” says Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, as he sees a potential Mideast conflict as the next catalyst for markets.