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This trader is betting millions on 'false peace'

Christopher Cole's Artemis Capital bets on a reversal during bull markets, offering downside protection by finding creative ways to purchase exposure to financial chaos

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"The fact that everyone has been incentivised to be short volatility has set up this reflexive stability - a false peace. But if we have some sort of shock to the system, all these self-reflexive elements reverse in the other direction and become destabilising as opposed to stabilising." - Christopher Cole

LAST Wednesday was another good day to make money on Wall Street: Stocks pushed up, interest rates were at rock bottom and the VIX gauge of investor unease was again trending downward. But as investors celebrated yet another bounce-back from a market slip, Christopher Cole, a trader who runs a...

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