VIX Traders Are Piling Into Bets That Fresh Stock Pain Is Ahead
- Options hedging returns after losing favor among the pros
- ‘VIX hedging hasn’t worked like you’d expect’: Danny Kirsch
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Volatility traders are putting their guard up just as US stocks bounce back, with options signaling the highest level of anxiety since right before the 2020 pandemic crash.
The call-put ratio on the Cboe Volatility Index, or VIX, jumped Wednesday to levels unseen for some two and a half years, driven by bets on fresh market turmoil.