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The NACHO Trade

Wall Street coined a new term for bets on the prolonged disruption in oil prices: ‘Not a Chance Hormuz Opens’

‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock

Traders are embracing the “NACHO” trade, betting Hormuz disruptions and elevated oil prices will persist longer than expected.

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The NACHO Trade

Wall Street coined a new term for bets on the prolonged disruption in oil prices: ‘Not a Chance Hormuz Opens’