CBOE Volatility Index (.VIX) $14.25 -0.49%

| January 31, 2013 | 0 Comments More

CBOE Volatility Index (.VIX) drifts down .02 to 14.30 after rallying about 15 percent, or 1.89 points, off the 5-year lows of 12.43 set on 1/22. Interesting options trades on the index today include an Apr 20 – 25 call spread on VIX, bought for 70 cents, 150000X, to open. The position seems to reflect expectations that the market’s “fear gauge” could see another spike before the April expiration. It comes ahead of key monthly jobs data Friday morning.

Category: All Indexes

Please share if others would benefit

Leave a Reply

You must be logged in to post a comment.

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.