What a difference two days make. The CBOE Volatility Index (.VIX), which hit a high of 29.56 and its best levels in a month Friday, is down 1.00 to 25.84. Meanwhile, 5.13 million puts and 7.79 million calls traded so far today, a ratio of .66. By way of comparison, the ratio hit 1.14 (8 million puts and 7 million calls) after the 8-day market slide stirred up increasing numbers of bearish bets and hedges by Friday, October 2.
Category: All Indexes
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.