Stock Market Data, Stock Market and Exchange, Stock Market Crash, Dollar Sign, Moving Down
Stock Market Data, Stock Market and Exchange, Stock Market Crash, Dollar Sign, Moving Down

Pro traders working the stock options market like no time since crisis

With a lumbering bear market whipping up volatility, the biggest traders are wringing stock options for all they’re worth.
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By Vildana Hajric

(Bloomberg) – With a lumbering bear market whipping up volatility, the biggest traders are wringing stock options for all they're worth.

The largest players on the options market bought more than $10 billion in puts on individual stocks last week, a record for that group and close to the most ever by any cohort of traders, according to Sundial Capital Research. The rush for protection came as the S&P 500 slumped into the weekend and the Cboe Volatility Index spiked above 32 to the highest level since June.

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