UPDATE 1-Demand for protection against U.S. equity selloff soars to record

... to a sustained rebound in volatility," said Andrew Wilkinson, chief market analyst at Interactive Brokers in Greenwich, Connecticut. "Maybe that is because in the last year the VIX index has only traded above a 20 reading on about five occasions. ...

http://www.reuters.com/article/2014/01/24/usa-market-volatility-idUSL2N0KY1NS20140124?feedType=RSS&feedName=hotStocksNews