Business Insider -
23 Jul 2017 19:04

Facebook / Warner Bros. 50 Cent has some competition. That's right, there's another volatility vigilante making bets on increased stock market price swings, and he's going bigger than the recently-unmasked 50 Cent ever has. The mystery trader is making a massive bet that the CBOE Volatility Index — or VIX — will surge from its near-record low levels. If successful, it will yield a $262 million payout, according to a person familiar with the trade. It's a risky wager. The so-called S&P 500 fe...
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