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Bets on a 'dangerous' trade that reminds experts of the 1987 market crash just broke a record 

October 16, 2017

Business Insider UK, Joe Ciolli

"Investors just can't resist making a quick buck on the motionless stock market.

With price swings already locked near record lows for weeks, traders have pushed short bets on the CBOE Volatility Index, or VIX — widely known as the S&P 500 fear gauge — to a new high.

It marks the fourth such record in just 11 weeks for hedge funds and large speculators, which have made a serious habit out of betting against the VIX, according to data compiled by the US Commodity Futures Trading Commission."

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