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

The biggest trade in options on the Cboe VIX Index Tuesday was an unusual $6 million purchase of deep, deep in-the-money-puts.

1 report1 sourceSep 16, 2026, 12:14 PM
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CNBCSep 16, 2026, 12:14 PM

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

The biggest trade in options on the Cboe VIX Index Tuesday was an unusual $6 million purchase of deep, deep in-the-money-puts.

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