The mysterious trader known as ’50 Cent’ appears to be back betting on more stock market chaos

50 cent trading desk bloomberg computerTwitter / Cantor Relief

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  • The mysterious volatility trader known as “50 Cent” appears to have made some new bets this week that the stock market will see turbulence over the summer.
  • The trades match a growing sentiment across Wall Street that the stock market could be in for a rocky ride over the next few months.

It looks as if the swashbuckling volatility trader known as “50 Cent” is already plotting his comeback.

Known for his consistent purchases of bite-size Cboe Volatility Index (VIX) options — usually costing about 50 cents — the trader has historically positioned himself to profit from market turbulence.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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