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Posts : 1386 Reputation : 3 Join date : 2012-12-27
| Subject: 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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