Some Trader Has Made A Very Big Bet That Something Very Bad Will Happen Within The Next 60 Days Sam RoFebruary 6,2013 CNBC Stocks have been rallying relentlessly to post-crisis highs. Meanwhile, the volatility index (aka the VIX, aka the "fear index") is near historic lows. But according to UBS's Art Cashin, some options trader has made an enormous $11.25 million bet that the VIX will explode higher very soon. And a rally in the VIX is usually accompanied by a drop in the stock markets. From this morning's Cashin's Comments (emphasis ours): A Very Big Bet In A...