All Indexes

CBOE Volatility Index (.VIX) $14.67 +5.77%

Higher call volume in the VIX pit. Roughly 455,000 calls and 87,000 puts on the index so far. One noteworthy trade was a buyer of 40000 Mar 16 – 26 call spreads on the index for 77 cents. It might be opening to replace something in February that has expired. This morning’s settlement print for [...]

February 19, 2014 | 0 Comments More

CBOE Volatility Index (.VIX) $13.91 +2.51%

Three of the top trades today are in VIX options. The index is ticking .32 higher to 18.89 and the investor was apparently selling 20475 Mar 14 puts on the index at 66 cents to buy 20475 Mar 15 – 20 call spreads for .66. It might be to replace something expiring tomorrow. Today is [...]

February 18, 2014 | 0 Comments More

CBOE Volatility Index (.VIX) $13.63 -3.61%

Trading has slowed and VIX is easing again today ahead of the three-day weekend. Projected volume across the exchanges is about 15 million contracts and well below the recent daily average of 16.3 million. Spot volume is also very light and VIX is on seven-day losing skid. The index is down .50 to 13.64 and [...]

February 14, 2014 | 0 Comments More

S&P 500 Index (.SPX) $1818.39 +1.03%

Hefty put spread in the SPX pit. The index is up 18.11 to 1817.95 and has added 4.4% since the Feb 3 sell-off last Monday. The big options trade is in the Feb puts that expire next week, as it appears a buyer is paying 10 cents for the SPX Feb 1625 – 1650 put [...]

February 11, 2014 | 0 Comments More

CBOE Volatility Index (.VIX) $15.39 -10.68%

A busy week of trading in the VIX pit. Monday was a single day record with 2.4 million contracts traded on the volatility index. Brisk trading continued throughout the week and another 810,000 contracts have already traded today. VIX is down 1.59 points to 15.64 and well off Monday’s panic high of 21.48. The top [...]

February 7, 2014 | 0 Comments More

CBOE Volatility Index (.VIX) $17.59 -11.83%

VIX sees a big call spread. The index is down 2.37 to 17.58 and near session lows. In early options action, an investor was apparently buying 62500 Feb 16 calls and 62500 Feb 17 calls on the index, while selling 125,000 Feb 22 calls. The spread, which traded electronically, might close or adjust an existing [...]

February 6, 2014 | 0 Comments More

CBOE Volatility Index (.VIX) $20.63 +12.06%

CBOE Volatility Index options continue to see heavy trading. 1.6 million contracts traded in the VIX pit Friday and marked the second busiest day for trading in the product, behind the 1.8 million contracts traded on 10/8/2013. Today’s projected volume is well over 2 million and being led by a hefty call spreads. The investor [...]

February 3, 2014 | 0 Comments More

CBOE Volatility Index (.VIX) $18.05 +4.40%

VIX trader takes 750% gain on massive put spread. Nearly half a million VIX calls traded in the first hour today as VIX made a brief run toward 19. Feb 16 – 20 call spread traded electronically 120,000x with the crowd indicating the initiator sold. This same spread traded in the same size on 1/9 [...]

January 31, 2014 | 0 Comments More

CBOE Volatility Index (.VIX) $18.18 +0.22%

Call seller pockets $18.75M in VIX call sale. Initiator sold 250,000 VIX Feb 22 calls for 75cents a moment ago as VIX spot was near 18.50 and Feb VIX futures traded near 16.40. The trade expresses a very strong opinion on Volatility over the near term, and will create the 7th largest block of open [...]

January 27, 2014 | 0 Comments More

CBOE Volatility Index (.VIX) $15.60 +13.29%

VIX spikes. The index is up 1.76 to 15.53, session highs, and the best levels since the Dec 18 Fed meeting. On the options front, a 33000-lot of Feb 19 calls trades on the index for 59 cents when the market was 55 to 60 cents. Total volume in the VIX pit is 156K calls [...]

January 24, 2014 | 0 Comments More