As Europe Banks Plunge, Traders Turn to Options Market: Chart

Stoxx 600 Hits Lowest Level Since 2013

With lenders in the Euro Stoxx 50 Index tumbling 28 percent this year, investors have increased bets that further turmoil lies ahead. Volatility expectations have surged to their highest levels since 2013 relative to the broader market, while bank shares are trading at their cheapest prices since August 2012.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE