JPMorgan Isn’t Sure Why VIX Curve Has Notable December Bump
- Firm says one strategy views December as best VIX curve short
- Analysts suggest election-related risk overpriced for December
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The Cboe Volatility Index’s futures curve jumps higher in December, and JPMorgan Chase & Co. strategists aren’t sure that makes sense.
Some analysts have flagged the possibility of bets on market swings shifting to December over concerns about a disputed U.S. election result. President Donald Trump has questioned the credibility of this week’s vote and launched lawsuits.