Volatility Traders Take $1.5 Trillion Tech Rout in Their Stride
- VIX and Nasdaq implied volatility trade below January highs
- Hedging frenzy in early 2021 reduces demand for new protection
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After the $1.5 trillion wipeout in technology shares in less than a month, Wall Street fear gauges are flashing encouraging signals for would-be dip buyers.
Expectations for how much the Nasdaq 100 will move around in the coming weeks remain well below their January highs, after the biggest price swings in four months.