CBOE Volatility Index (.VIX) is ticking up .41 to 13.05 and not far from this morning’s settlement print of 13.07. An interesting options trade on the index today is May 18 – 25 call spread bought for $1.035, 113,000X. The hefty premium purchase probably replaces upside calls that expired worthless today. The largest open interest poistions in the February term heading into expiration were Feb 20, Feb 17, Feb 16 and Feb 22 calls.
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.