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KM Financial Solutions | ‘VIX elephant’ catches a lucky break as volatility spikes
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‘VIX elephant’ catches a lucky break as volatility spikes

30 Nov ‘VIX elephant’ catches a lucky break as volatility spikes

Posted at 20:39h in News by
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NEW YORK, Dec 1 (Reuters) – An unnamed trader dubbed the
“VIX elephant,” who for months has been prepared for a stock
market slump, capitalized on a short-lived spike in volatility
on Friday to adjust a massive options hedge.

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