Risk.net Volatility products could see more wild swings as dearth of vol sellers exacerbates spikes Print this page
After last month’s bizarre rally in GameStop, analysts are fretting about a highly unusual move in the volatility markets that could foreshadow further market shocks. On January 27, when GameStop shares more than doubled to close at nearly $348, the Vix index of S&P 500 options volatility jumped nearly 75% after opening at 23.02 points to end at 37.21. According to analysts at Bank of America, this was the sixth-largest Vix move in points terms since 1990 and was historically outsized Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.