For the second time this month, the CBOE Volatility Index rallied more than 30 percent in one day as concerns over Donald Trump’s presidency on Thursday helped push the S&P 500 Index down the most since May. VIX jumps of that magnitude are rare but have already occurred three times in 2017, as much as in 2015 and 1990, and behind only 2011. Gains of that size happen most frequently in August.
Source: Bloomberg Pro Terminal
Trader I. Ivanov
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