‘Fear gauge’ within expectations, some say
Several options specialists dismiss claims that structured products are distorting the Vix
More and more options specialists are pushing back against the idea that equity index volatility is being suppressed by an abundance of options-selling strategies.
The Cboe Volatility Index, which measures the implied 30-day volatility of the S&P 500, has averaged 13.5 this year compared to a historical norm of around 20.
A recent paper published by the Bank for International Settlements blamed the dip on the popularity of yield-enhancing structured products such as covered call strategies that
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