An investor bought $5.12 million in call options that will be profitable if the Chicago Board Options Exchange Volatility Index jumps at least 50 percent in the next four months.
U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a seventh straight day, as diminishing concern over a military strike against Syria offset Apple Inc.’s biggest decline since May.
U.S. stocks climbed, extending the longest winning streak for the Standard & Poor’s 500 Index since July, as data showed China’s economy is improving amid signs of easing tensions over Syria.
U.S. stocks fell, after the Standard & Poor’s 500 Index extended a record yesterday, after a Federal Reserve official said the central bank may slow the pace of stimulus as early as this summer amid disappointing economic reports.
U.S. stocks rose, pushing benchmark indexes to fresh records, as data showing weakness in manufacturing fueled bets the Federal Reserve will be in no hurry to scale back stimulus.
CBOE Holdings Inc., the biggest U.S. options market by volume, rallied the most in 14 months after first-quarter profit beat analyst projections amid growth in its volatility and Standard & Poor’s 500 Index products.
The European plan to impose a levy on financial transactions will affect investors and companies trading in the U.S. and may harm market liquidity, William Brodsky of CBOE Holdings Inc., said today.
U.S. stocks rose, as the Standard & Poor’s 500 Index rebounded from its biggest weekly drop in four months, after American retail sales and Citigroup Inc.’s earnings topped estimates.
The benchmark gauge for U.S. options prices rose for a seventh day, the longest streak since August 2003, as concern about employment growth and earnings spurred investors to guard against losses in stocks.
