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'50 Cent' Volatility Buyer Is Back With Bet VIX Will Double

Bloomberg.com
'50 Cent' Volatility Buyer Is Back With Bet VIX Will Double

“50 Cent” is back. Or at least, a pretty convincing impersonator who spent $5 million on volatility hedges this week. The mysterious buyer, or buyers, earned the nickname -- a play on the rapper Curtis Jackson, known as “50 Cent” -- after relentlessly purchasing huge lots of call options tied to the