For the past few years, everyone in markets has been talking about nothing. Market moves have been subdued and the Chicago Board Options Exchange's Volatility Index, better known as the VIX, recently sank to its lowest in about three decades. We speak with Pravit Chintawongvanich, head of derivatives strategy at Macro Risk Advisors and an expert in volatility. He explains what the VIX actually measures, why it's so low, and how betting against sharp moves in the market became one of the hottest and most lucrative trades around. We also talk about "50 Cent." That's not the rapper, but the mystery buyer who's been bucking wider trend and buying volatility protection at a consistent clip.

For the past few years, everyone in markets has been talking about nothing. Market moves have been subdued and the Chicago Board Options Exchange's Volatility Index, better known as the VIX, recently sank to its lowest in about three decades. We speak with Pravit Chintawongvanich, head of derivatives strategy at Macro Risk Advisors and an expert in volatility. He explains what the VIX actually measures, why it's so low, and how betting against sharp moves in the market became one of the hottest and most lucrative trades around. We also talk about "50 Cent." That's not the rapper, but the mystery buyer who's been bucking wider trend and buying volatility protection at a consistent clip.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

Why Everyone’s Talking About the VIX and 50 Cent

Why Everyone's Talking About the VIX and 50 Cent

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f86afabb-d66e-4520-aa4b-ae27005cdfdb/transcript

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