With turmoil returning to equity markets, investors are positioning for more to come.
The number of Cboe Volatility Index options betting on gains in the gauge has risen to its highest level since February, relative to contracts wagering on a drop.
Markets all over the world remain naughty this week because of the escalation of tensions in the trade dispute between the US and China.
President Donald Trump plans to bar many Chinese companies from investing in U.S. tech and to block additional technology exports to China, The Wall Street Journal reported on Sunday evening, citing people familiar with the matter, while China’s Commerce Ministry responded by saying it would take counter measures if the U.S. publishes an additional tariffs list.
Source: Bloomberg Finance L.P.
Chart: Used with permission of Bloomberg Finance L.P.
Trader Georgi Bozhidarov