Mysterious options buyer earns a profit of 1.7 billion yen - Background is the disruption of the U.S. stock market.
September 4, 2024 9:48 JST (excerpt)
On the 3rd, the VIX surged to nearly 22 from below 16 - accompanying the decline in U.S. stocks.
An investor who bought a call spread late on August 30 turned to sell.
On the 3rd, the US stock market saw a drop of over 2% in the S&P 500 index, and the Chicago Board Options Exchange (CBOE) Volatility Index (VIX) surged. With the peace disrupted, investors who had bought options late on August 30 made a profit of about $12 million (about 1.7 billion yen).
The sharp rise in volatility occurred as the S&P 500 index, centered around high-tech stocks, declined. The market capitalization of leading AI semiconductor manufacturer Nvidia was wiped out to a scale equivalent to that of the US petroleum giant Chevron.
On the 3rd, the VIX surged to nearly 22 from below 16 - accompanying the decline in U.S. stocks.
An investor who bought a call spread late on August 30 turned to sell.
On the 3rd, the US stock market saw a drop of over 2% in the S&P 500 index, and the Chicago Board Options Exchange (CBOE) Volatility Index (VIX) surged. With the peace disrupted, investors who had bought options late on August 30 made a profit of about $12 million (about 1.7 billion yen).
The sharp rise in volatility occurred as the S&P 500 index, centered around high-tech stocks, declined. The market capitalization of leading AI semiconductor manufacturer Nvidia was wiped out to a scale equivalent to that of the US petroleum giant Chevron.
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