Two run-derived sources carry the same specific claim and consistently attribute it to a Bloomberg report dated June 23, 2025: the BlockBeats flash and the @DeItaone (Walter Bloomberg) X post both state VIX call option demand reached its 2025 high amid hedging despite easing U.S.-Iran tensions and rising stocks, with sticky inflation and a hawkish Fed keeping rate worries alive near S&P 500 record highs. The original Bloomberg article URL was not directly captured, slightly limiting certainty, but the broader 2025 hedging context is corroborated by Bloomberg's own August 2025 coverage of options-based volatility hedging near record highs. The convergence of these sources supports the claim as a faithful relay of a Bloomberg market report.