Tension running high in VIX
Traders bid up protection on the fear gauge as US stocks fall
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
SPECULATORS' appetite for protection from stock-market tempests has reached the highest in nine years.
Options predicting a rise in the Chicago Board Options Exchange Volatility Index are the most expensive since 2006 relative to those betting on a drop. With gains narrowing, investors are hedging through calls on the VIX, which usually rises as the Standard & Poor's 500 Index falls.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?