VIX Didn’t Update for 30 Minutes on Erratic Options Quotes
The VIX's Wild Ride: Will It Recover This Week?
This article is for subscribers only.
For a brief period this morning, anxiety got too high to measure in the U.S. options market.
The Chicago Board Options Exchange Volatility Index failed to update for about 30 minutes after the open of stock trading at 9:30 a.m., data sent to Bloomberg show. Trading in the options from which the VIX is derived was too disjointed to calculate a value, its overseer said.