Weekly Options Volatility Tracking Report: Repricing Debt Burdens

When equity index options consistently price in moves of more than 1.5% on two-thirds of trading days, Friday's trading range should not be a surprise, even if you believe equity volatility is significantly and consistently overpriced. We wouldn't expect longer-dated volatility futures contracts to move noticeably on last week's news, but even the December VIX contract only lifted slightly.

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