Recent developments in the financial markets highlight the increasing tension stemming from trade wars and economic factors influencing asset volatility. The Cboe Volatility Index, commonly known as the VIX, closed at 45.31, marking its highest level since April 2020. This surge has pushed the S&P 500 index to an 11-month low, raising significant concerns among analysts and market participants.

Recent changes in the cryptocurrency market have drawn significant attention from traders eager to minimize risks amid potential price declines. With uncertainties looming from upcoming tariff announcements by President Donald Trump, market participants have increasingly turned to options as a means of safeguarding their investments.