30-Minute VIX Frenzy Exposes Obsession With Volatility Hedging

  • On Aug. 24, the VIX didn't open for almost a half hour
  • The gauge jumped as much as 90 percent for a record increase

The VIX's Wild Ride: Will It Recover This Week?

Among the many scary things traders witnessed as stocks plunged last Monday, one of the most harrowing was the sight of the VIX, an index designed to measure investor fear, briefly going dark.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.