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Traders Bet on Rising Volatility Index | Markets & Money News
Wall Street faces heightened anxiety as the Cboe Volatility Index (VIX) surpasses 22 due to a sell-off in AI stocks. This marks a significant drop in the Nasdaq, influenced by a 13% loss from CoreWeave. Traders are reacting by purchasing November VIX call options, betting on further increases in volatility. Major earnings reports from Tesla, SpaceX, and Meta are anticipated next week, potentially impacting market direction.
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