Sr. Correspondent, Broker Research, Bangalore, India
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Dec 18, 2014
Dec 18, 2014
Dec 18, 2014
Dec 18, 2014
Dec 18, 2014
Dec 18, 2014

Options traders bet on Russian ETF rebound

NEW YORK, Dec 18 (Reuters) – Trading in the U.S. options of
the largest Russian exchange-traded fund on Thursday suggested
that some traders may have begun positioning for the fund’s
shares to add to gains after hitting multiyear lows earlier in
the week.

Shares of the Market Vectors Russia ETF were down
2.5 percent at $15.43 on Thursday even after Russian President
Vladimir Putin, in a news conference in Moscow, assured Russians
that the economy would rebound after the rouble’s dramatic slide
this year.

Dec 18, 2014
Dec 18, 2014
Dec 17, 2014
Dec 17, 2014

Wall Street’s ‘fear gauge’ may not recede before year-end

NEW YORK (Reuters) – Just when it looked like Wall Street’s fear gauge would settle down for the holidays, it has been on the rise again, and a jump in the cost of hedging suggests that volatility might be here to stay at least until year-end.

The spike in the CBOE Volatility Index, which by Tuesday had sent it to a two-month high of 25.20, has come within a span of eight days. Past surges in the VIX would suggest that it may continue to rise for a few more days.

    • About Saqib

      "Saqib Ahmed is an options correspondent working with the Markets team in New York. He previously led the Reuters Broker Research team in Bangalore. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
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