OTC MARKET NEWS Powered By Quantifi

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."

Read more

Comments are closed on this post.


Submit your email to receive our newsletter