No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

CNBC

Bizarre volatility bet in the options pits is a head scratcher ahead of Fed rate decision

Wednesday, September 16, 2026


A $6 million options trade on the Cboe VIX Index occurred Tuesday, consisting of deep in-the-money puts. The trade was the largest options transaction on the VIX that day. The VIX measures stock market volatility expectations based on S&P 500 index options.

Original reporting: https://www.cnbc.com/2026/09/16/bizarre-volatility-bet-in-the-options-pits-is-a-head-scratcher-ahead-of-fed-rate-decision.html

Next story

Like Costco, Walmart will sell Medicare Advantage plans