CBOE Volatility Index (.VIX) $15.08 -0.92%

VIX is off .13 to 15.09 and trading in the options on the index is busy on expiration Wednesday. The settlement value for the October contract is 15.96, which is above the index’s highs of the day (15.63) and considerably (13.8 percent) above the Sept settlement of 14.03. Total open interest in the VIX October [...]

October 17, 2012 | 1 Comment More

CBOE Volatility Index (.VIX) $14.70 -5.77%

CBOE Volatility Index (.VIX) is off .81 to 14.79 and now well below the Tuesday morning highs of 18.96. The volatility index has lost more than four points, or 22 percent, from the highs seen early this week, as the S&P 500 traded quietly Tuesday and Wednesday before rallying to multi-year highs yesterday. While the [...]

September 7, 2012 | 0 Comments More

CBOE Volatility Index (.VIX) $17.71 +3.81%

Sentiment is decidedly different Thursday compared to earlier this week. Total options volume was about 9 million contracts Monday and the lowest levels of 2012. Then only 8.2 million puts and calls traded Tuesday. Volumes improved to 9.5 million yesterday, but still below the recent average. Today, however, 2.2 million calls and 2.3 million puts [...]

August 30, 2012 | 0 Comments More

CBOE Volatility Index (.VIX) $15.28 +1.73%

VIX, which jumped a point yesterday, is up .21 to 15.23 as the S&P 500 falls in mid-morning trading and heads lower for a second day. After suffering its worst loss in nearly three weeks Tuesday, the S&P 500 Index is down 4 points to 1,409.17 Wednesya morning. One player in the options market doesn’t [...]

August 22, 2012 | 0 Comments More

CBOE Volatility Index (.VIX) $18.30 -3.48%

CBOE Volatility Index (.VIX) is off 1.07 to 17.89 even as the S&P 500 loses 2.50 points to 1372.82. VIX, which typically edges higher when the S&P 500 heads lower, is straying from its typical pattern now that Central Bank meetings have concluded and this important event risk has passed. Mixed trading might be a [...]

August 2, 2012 | 0 Comments More

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

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 – [...]

July 30, 2012 | 1 Comment More

CBOE Volatility Index (.VIX) $16.36 -4.38%

Eight of the ten most active index options so far today are VIX contracts. The three most actives are Aug 24, 22, and 28 calls on the index. VIX is down .82 to 16.29 and testing recent range lows. Some investors are probably opening new positions in upside August calls as a boatload of July [...]

July 17, 2012 | 0 Comments More

CBOE Volatility Index (.VIX) $18.53 -1.01%

CBOE Volatility Index (.VIX) is off .34 to 18.38, as the S&P 500 is unchanged at 1341.50 Wednesday morning. The volatility index is up 8 percent month-to-date and ticking higher in recent days as investors brace for the floodgates to open on second quarter earnings beginning next week. Volumes have been light in recent days, [...]

July 11, 2012 | 0 Comments More

Trader Talk — 6/27/2012

Stock market averages are holding gains with help from economic data Wednesday. A report on Durable Goods was up 1.1 percent in May and .6 percent better-than-expected. Later, Pending Home Sales showed a surprise jump to 5.9 percent and much better than the .5 percent that was expected. Meanwhile, Italy’s MIB Index is up 2.5 [...]

June 27, 2012 | 0 Comments More

CBOE Volatility Index (.VIX) $21.31 -1.89%

Poor economic data in Europe, including slumping German exports and declining French business confidence, helped set the table for an increase in risk perceptions Friday morning. As EUR/USD lost about 1 percent and made a run back towards 1.24, VIX ticked to a morning high of 23.1. Yet, stock market averages held steady early and [...]

June 8, 2012 | 0 Comments More