Cboe Global Markets is a company that helps people buy and sell things called options, which are a way to bet on how much the price of a stock will go up or down. They are making a new type of option that lets people bet on something called the "VIX," which is a number that shows how much people are worried about the stock market going down. This new option will let people bet on the VIX in a different way, and it will be available soon. Read from source...
- Inconsistency: The article title suggests the article will be about Cboe Global Markets offering options tied to futures for the Cboe Volatility Index, but the body of the article focuses more on the VIX itself and its recent performance, rather than the new product offering.
- Bias: The article uses the term "Wall Street's fear gauge" to describe the VIX, which implies a negative connotation and suggests that the VIX is not a useful or reliable indicator. This is an opinion, not a fact.
- Irrational argument: The article states that the VIX crossed the 65 level at the start of the week, surging from around 23 on Friday, and closed at its highest level since 2020. This is misleading because it compares the VIX level at the end of the week to the beginning of the week, without considering the duration of the week. A more appropriate comparison would be to compare the VIX level at the end of the week to the end of the previous week, or to compare the percentage change over the week.
- Emotional behavior: The article uses words like "surge" and "soars" to describe the VIX's performance, which convey a sense of urgency and alarm, and may influence the reader's emotions and perception of the VIX.
Overall, the article does not provide a clear, objective, and informative presentation of the new product offering from Cboe Global Markets, and instead focuses on the VIX and its recent performance, using biased and emotional language.