By Krystal Hur and Gunjan Banerji
Options traders are betting that market volatility is here to stay.
The Cboe Volatility Index, or VIX, known as Wall Street's "fear gauge," rose to 28.25 Thursday afternoon.
Traders are betting it has more room to run. In recent days, some of the most actively-traded VIX contracts were tied to the index jumping to 40 and 45, according to Cboe Global Markets Data.
"There is scope for the VIX to increase further if recession fears escalate and we see stock correlations surge," wrote Mandy Xu, Cboe's head of derivatives market intelligence, in a Thursday note.
Meanwhile, the ratio of options contracts often used to protect against big market declines, versus those meant to place bullish bets, surged to their highest level since August 5, according to Cboe.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
April 03, 2025 15:13 ET (19:13 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。