A number of traders on Twitter are saying that Goldman Sachs GS sold around 600 S&P 500 March contracts into the close of trading on Wednesday.
The SPDR S&P 500 ETF SPY lost 0.20% to $130.49 during the session and has shed another 0.8% in the after hours.
Goldman could be looking for a near-term pullback in the stock market, possibly on account of the continued unrest in Egypt.
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