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Cboe's Mandy Xu on Market Volatility

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Mandy Xu, Vice President and Head of Derivatives Market Intelligence at Cboe Global Markets, says options-market sentiment shifted notably over the past week. After positioning had been broadly bullish at both the index and single-stock levels, investors increased hedging demand, particularly for index protection. She speaks with Romaine Bostick & Jess Menton on "The Close."