Trader Bets $16.7 Million on Increased Stock Market Volatility with 250,000 VIX Call Contracts as 10-Year Treasury Yield Jumps to 4.07%
A trader recently dropped a cool $16.7 million on about 250,000 call contracts tied to the VIX Index, betting on increased stock market volatility. This isn’t your average move – the strike price is 17, expiring on Feb. 14. With the VIX not breaking 17 since November, it’s got everyone buzzing. Seems our trader senses …