Jun
27
Hedges Triggered in U.S. Stocks as Puts Explode, VIX Takes Dive
By-
VIX tumbles 8.4 percent after spiking 49 percent on Friday
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Volume on VIX futures surged in the days leading up to Brexit
Say what you want about U.S. equity investors after the U.K. vote on the European Union. Just don’t say they were unprepared.
The precautions taken by traders to hedge against Brexit are playing out in today’s market, where options-derived measurements of market stress are actually falling despite a second day of weakening stocks…
Hedges Triggered in U.S. Stocks as Puts Explode, VIX Takes Dive