Sydney cafe society lost a little bit of its heart and a lot of its soul this week, as Vittorio Bianchi, remembered as the owner of the Piccolo Bar in Kings Cross, died at the age of 91.

A huge options position expiring at the end of the month is giving some on Wall Street a new level to fuss over. The JPMorgan Hedged Equity Fund’s (JHEQX) — which uses put options to shield ...