This Week Saw The Biggest Put Option Volumes, Ever

Stop us if you've heard this (spoiler: you have). According to Goldman's derivatives desk, after a week that saw a ton of pain and risk transfer in equities, the equity volatility market is starting to flash some signs of stress.

As Goldman derivatives guru Brian Garrett writes in his latest must read Weekly Rundown note (available every week to our pro subscribers), the bank's Volatility Panic Index registered a high on the week of 9.6 (out of 10)