All Indexes

CBOE Volatility Index (.VIX) $14.78 -4.21%

Notable print in the VIX pit ahead of the 14:00 FOMC announcement. The index is off .63 to 14.80 and the Dec 20 – 25 call spread on the index is bought for 61c, 45000X. If opening, the spread is expressing concerns about another spike in short-term market volatility, even as spot VIX hovers near [...]

October 28, 2015 | 0 Comments More

S&P 500 Index (.SPX) $2041.51 +1.12%

S&P 500 Dec4th Weekly 1800- 1975 put spread for $19.90, 5000X. 13K being opened, likely short-term hedging for fear of a market decline in November.

October 22, 2015 | 0 Comments More

CBOE Volatility Index (.VIX) $20.01 -4.44%

Three-way spread as VIX dips to 20 Monday morning. The volatility index is off .91 to 20.03 and an investor is apparently selling Oct 18 puts on VIX to buy Oct 27 – 30 call spreads, collecting 20c, 31000X. October options on VIX expire in 15 days and the spread is likely a short-term hedge [...]

October 5, 2015 | 0 Comments More

CBOE Volatility Index (.VIX) $25.69 -4.25%

Big ratio call spreads are back in the VIX pit. The index is down 1.30 to 25.53 Wednesday and set to finish the volatile third quarter up 40%. On the options front, an investor covers 113K Nov 20 – 26, 1X2, call spreads on VIX for 28c while opening 113K Jan 22 – 30, 1X2, [...]

September 30, 2015 | 0 Comments More

Mini SPX (.XSP) $198.21 +1.49%

Big spread in the mini-S&P 500. The index is up 2.92 to 198.22 and an investor is apparently covering 13.8K Sep 202 puts for $4.28 and writing a new position in 21.5K Nov 191 puts at $4.25. Trade history shows the Sep 202 puts were likely opened on 7/15 at $2.30 with the index at [...]

September 15, 2015 | 0 Comments More

S&P 500 Index (.SPX) $1953.37 -0.39%

Large opening position in S&P 500 Index deep out-of-the-money puts ahead of the weekend. More than 106K Sep 1500 puts traded in the SPX pit Friday at a VWAP of 22c per contract and the flow created 90K of open interest at that strike. The puts were being bought as part of an ongoing strategy, [...]

September 14, 2015 | 0 Comments More

CBOE Volatility Index (.VIX) $27.80 +0.00%

VIX Dec 37.5 calls are the most active options across the market through midday. The index is off 2.52 to 25.28 after a 2.19-point spike Friday before the long weekend. One player sells 65K Dec 37.5 calls on the volatility index at $1.15 per contrract. The position is opening and untied. It suggests a view [...]

September 8, 2015 | 0 Comments More

CBOE Volatility Index (.VIX) $26.09 +0.00%

Put spread buyers driving heavy volume as CBOE VIX index slips below 25. Nearly 135K puts have traded in the opening 30 minutes of trading as spot VIX dips below 25 for the first time in a week and much of the flow involves the Sep 19-20 put spread, where a buyer has paid 17c [...]

September 3, 2015 | 0 Comments More

S&P 500 Index (.SPX) $1972.18 +0.00%

Ominous block of downside puts hits the tape in SP500 index options with futures near low of the day. 80K Sept. 11th 1350 puts were crossed late in the day as September futures traded near 1905, opening a massive new position struck nearly 30% out of the money, expiring in ten days. Executing broker said [...]

September 1, 2015 | 0 Comments More

CBOE Volatility Index (.VIX) $36.02 +0.00%

CBOE VIX options see fourth day of volume well over a million contracts with more ratio spreads closed for huge gain. 1×2 trader was back today in a continuation of flow noted Tuesday when about 140K Oct 15-21 1×2 spreads were sold to close near $1.02 as Oct futures traded near 20.90. Trader had great [...]

August 26, 2015 | 0 Comments More