Event Dime
Downside Risks Rise as Tech Volatility Spikes
- When:
- June 8, 2026 · 4:00 AM
- Where:
- Cboe Global Markets
- Source:
- Cboe Global Markets
Implied volatilities jumped across asset classes last week as markets grappled with rising US-Iran tensions, higher bond yields, and a sharp pullback in Tech. Equity volatility led the increase, with the VIX® Index up over 6 pts wk/wk to 21.5%, rising from the 14th percentile low to the 86th percentile high. Within equities, Tech stocks led the spike in volatility, with the QQQ-SPX® 1M implied volatility spread widening to a 4-year high of 11% (see chart below). Both QQQ and SPX option volumes s