A trader (or traders) with a $40m punt on a US stock market collapse

Sumary of A trader (or traders) with a $40m punt on a US stock market collapse:

  • Reuters report on a big trade on US options market Thursday One or more traders laid out a roughly $40 million bet that the Cboe Volatility Index will break above the 25 level and rise towards 40 by mid-July The VIX closed at 16.95 on Thursday, its lowest close since February 20, 2020,…

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