Monday, May 11, 2015

Not "if", only a question of "when"..........

"I'm not sure if it’s the biggest trade ever, but it's certainly one of them," noted Jamie Tyrrell, a VIX specialist on the CBOE floor, as Bloomberg reports almost $100 million worth of options pegged to the volatility of US equities were traded in a split second at 1216ET today."Someone is interested in owning a lot of protection," Tyrrell added as just over 1 million contracts were traded.   

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