Nasdaq‑Tech Volatility Gap Hits 23‑Year High, Signals Hedge Need
The VXN/VIX ratio has surged to around 1.65, the highest since 2006‑07, showing tech‑focused implied volatility far outpacing broader market fear. This asymmetry means traders are paying a premium to hedge Nasdaq‑100 exposure, a warning that a correction could hit tech stocks before the S&P shows signs.