business
Whipsaw market actions leaves traders looking for direction. The 'fear gauge' might offer a clue
Key takeaways
- Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
- The turbulence helped sort out where options traders have the most conviction.
- Most notable might be that volatility in the S&P 500 as measured by the Cboe VIX Index ended down on the day, despite a brief pop to 19.01, the highest since April 28.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
Stock bulls proved resilient in the face of what could have been the worst sell-off in the Nasdaq 100 since March, as the index staged a 1.5% intraday rally into the close and the S&P 500 ended less than 12 points lower on Tuesday.
The turbulence helped sort out where options traders have the most conviction.
Article preview — originally published by CNBC. Full story at the source.
Read full story on CNBC →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop