JPMorgan volatility traders raked in $700 million through June — three times what they brought in for all of 2019. Here's how they outpaced Goldman Sachs and Morgan Stanley on the hottest trade of the year.

· Markets have produced bizarre and historic results in the first half of 2020, creating stark swings and diverging fortunes for traders.
· That's especially true in the world of equity derivatives and the traders that bet on volatility, where some investment funds have flamed out spectacularly while many Wall Street banks...