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 Some Trader Has Made A Very Big Bet That Something Very Bad Will Happen Within The Next 60 Days

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PostSubject: Some Trader Has Made A Very Big Bet That Something Very Bad Will Happen Within The Next 60 Days   Fri Feb 08, 2013 11:04 pm

Stocks have been rallying relentlessly to post-crisis highs.

Meanwhile, the volatility index (aka the VIX, aka the "fear index") is near historic lows.

But according to UBS's Art Cashin, some options trader has made an enormous $11.25 million bet that the VIX will explode higher very soon.

And a rally in the VIX is usually accompanied by a drop in the stock markets.

more here: http://www.businessinsider.com/art-cashin-on-big-vix-bet-2013-2

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