VIX Flashes Most Enticing Short Since 2012 in the Month of Fear
- VIX futures curve tempts short-sellers but may be hiding risks
- Election jitters and seasonality suggest vol may increase
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Wall Street’s volatility speculators are staring down one of the most confounding trading landscapes in years, even as bullish conviction pushes U.S. stocks back toward records.
On the one hand, equities are in their historically most volatile month, U.S. election risk remains elevated and the pandemic fallout continues. All of which suggest gains for investors betting on rockier markets, and risks for those shorting.