Bizarre volatility bet in the options pits is a head scratcher ahead of Fed rate decision
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Source: CNBC
Published: 2026-09-16 22:14 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Trade & Sanctions, Business & Economy
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Snippet:
The biggest trade in options on the Cboe VIX Index Tuesday was an unusual $6 million purchase of deep, deep in-the-money-puts that might be an unusual interest-rate play ahead of Wednesday's highly-anticipated Federal Reserve rate decision.
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