Hedges Triggered in U.S. Stocks as Puts Explode, VIX Takes Dive

  • VIX tumbles 8.4 percent after spiking 49 percent on Friday
  • Volume on VIX futures surged in the days leading up to Brexit

Say what you want about U.S. equity investors after the U.K. vote on the European Union. Just don’t say they were unprepared.

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