Peruzzi

"Investors are coming in and buying outright protection again," said Layla Peruzzi, Jefferies & Co. vice president for equity derivatives sales.

Fear Gauge Flicks to Life Chris Dieterich 2011

"Investors are coming in and buying outright protection again," said Layla Peruzzi, Jefferies & Co. vice president for equity derivatives sales.

Fear Gauge Flicks to Life Chris Dieterich 2011

For institutional investors sitting on cash, there's "not really a need to rush out and buy puts to hedge your book," Ms. Peruzzi said.

Despite Stock-Market Losses, 'Fear Gauge' Flashes Calm Chris Dieterich 2011

Hedge funds, some licking wounds after losses from April's broad selloff in commodities, have cut their exposure equities as the quarter draws to a close at the end of this month, said Layla Peruzzi, Jefferies & Co. vice president for equity derivatives sales.

Despite Stock-Market Losses, 'Fear Gauge' Flashes Calm Chris Dieterich 2011

Hedge funds, some licking wounds after losses from April's broad selloff in commodities, have cut their exposure equities as the quarter draws to a close at the end of this month, said Layla Peruzzi, Jefferies & Co. vice president for equity derivatives sales.

Despite Stock-Market Losses, 'Fear Gauge' Flashes Calm Chris Dieterich 2011

"There's been a pretty direct correlation with the Fed pumping money into the system and how the S&P has performed," Ms. Peruzzi said, which keeps the end of the government's support program looming over a market that is otherwise largely bullish.

Bulls Have QE2 Jitters Brendan Conway 2011

It's what people are most focused on and nervous about, Ms. Peruzzi said.

Bulls Have QE2 Jitters Brendan Conway 2011

"A lot of the problems that we saw the VIX spike on are still waiting in the wings," said Layla Peruzzi , Jefferies & Co. vice president for equity derivatives sales, noting rising commodity prices in addition to worries about European debt, Japan and unrest in oil-producing regions.

Options Players Gird for Higher Oil Prices and Inflation Brendan Conway 2011

"People are not very concerned with this week," said Layla Peruzzi , Jefferies & Co. vice president for equity derivatives sales, adding that many traders expect stocks to keep grinding higher.

Bulls Have QE2 Jitters Brendan Conway 2011

For institutional investors sitting on cash, there's "not really a need to rush out and buy puts to hedge your book," Ms. Peruzzi said.

Despite Stock-Market Losses, 'Fear Gauge' Flashes Calm Chris Dieterich 2011