- 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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