wall street: Demand for one-month call options tied to the CBOE Volatility Index VIX, -9.70% has spiked in the past week, suggesting investors may be expecting a selloff in the near term, while money has also poured into the exchange-traded products that aim to track market volatility, according to Market Watch. While Wall Street greeted Trump's victory with enthusiasm his election sparked a rally that took indexes to repeated records the excitement has waned of late. Market anxiety has been rising in anticipation of Friday's inauguration of President-elect Donald Trump, and traders are taking to the instruments that can provide a hedge in volatile times. Indexes have struggled to break out of a recent range, and the VIX, a popular proxy for investor anxiety, has climbed more than 16% thus far this week. Read Trump inauguration set to unleash cascade of stock-market anxiety Volatility-based ETPs typically move inversely to the broader market and investors use them as a form of protection, although they are designed to be short-term holdings. However, at 13.10, it remains well below its long-term average of 20.
(news.financializer.com). As
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