Options traders are bracing for a stock-market crash

Options traders are bracing for a looming stock-market crash, the latest data from Cboe Global Markets show.

A dispatch from Cboe Global Markets’ Mandy Xu, shared with MarketWatch on Monday, revealed that demand for deep out-of-the-money call options tied to the Cboe Volatility Index

VIX — otherwise known as the VIX, or Wall Street’s ”fear gauge” — surged last week.