The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX Index and volatility-related articles from print, broadcast, online and social media outlets.     

VIX Fix: “Fire and Fury” in the Markets
As the war of words between the U.S. and North Korea escalated this week, major market indicators, fresh off record highs, tumbled, while volatility, complacent most of the summer, surged.  The CBOE Volatility Index (VIX) spiked 44% on Thursday, closing at a 2017 high of 16.04 and spurring trading in VIX options and futures to new all-time single-day volume records. On Friday, the VIX Index closed in the mid 15 level, as the market cooled from the week’s fiery rhetoric.  Let’s hope cooler heads prevail in the global diplomacy arena as well.  

Blog1

“VIX Options and Futures Set New Daily Volume Records”
See the CBOE Press Release

“Volatility Takes the Stairs Down and the Elevator Up” – CBOE Options Hub
Read the blog

“Fear Gauge Jumps to 2017 High, Fueling Record Trades” – Gunjan Banerji, The Wall Street Journal
http://on.wsj.com/2vpwHOe

“A 62% VIX Surge Isn’t How Bulls Hoped August Would Start” – Lu Wang and Elena Popina, Bloomberg
https://bloom.bg/2wBRlt1

“VIX Options Volume Hits Record as “Fear’ Returns” – The Times of India
http://bit.ly/2uwljS5

“For Stock Investors, It’s Time to Play Defense” – Steven Sears, Barron’s
http://bit.ly/2fyqjig

“In a Calm Market, Investors Still Seek ‘Volatility Funds’” – Bailey McCan, The Wall Street Journal
http://on.wsj.com/2fySNbI

“Why Investors Shouldn’t Trust Low Volatility” – Peter Coy, Bloomberg
https://bloom.bg/2vMdHuh

“Investors Have Never Been More Short Volatility Futures” – Cecile Vannucci, Bloomberg
https://bloom.bg/2vWhwNU

“What Happens if the VIX Spikes?” – Crystal Kim, Barron’s
http://bit.ly/2wPucm7

“Nevermind the VIX: Stock Volatility Is Rising in Subtle Ways” – Chris Dieterich, The Wall Street Journal
http://on.wsj.com/2fyOj4N

“Volatility Gauges Tumble to New Lows Amid Complacency Fears” – Sid Verma, Bloomberg
https://bloom.bg/2uvTpFI

“What’s Next for VIX: Trump ‘Improvised’ N. Korea Comment?” – Dimitra DeFotis, Barron’s 
http://bit.ly/2hQWOcd