CBOE Volatility Index (.VIX) $17.39 +4.13%

| July 30, 2012 | 1 Comment More

CBOE Volatility Index (.VIX) is up .77 to 17.47, even as the S&P 500 drifts aimlessly and is flat Monday morning. Early options trades in the VIX pit include an Oct 20 – 30 call spread for $2.70, 10000X. Looks buyer-initiated — possibly to hedge tail risk through the historically volatile period of Sept – Oct. There’s plenty of event risk this week as well, including the FOMC meeting Wednesday and jobs data Friday.

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Category: All Indexes

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  1. Clara Lopez says:

    Wouldn't be surprised if we get something like May 1st this year…pullback into FOMC then a rally on Wednesday on "hopes", then Thursday, we drop…. charts I have seen support this..

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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.