$SPX; $VIX Archives - Cboe Blogs

  • Education | Aug 7, 2017, 8:47 AM

    Take The Markets Seriously, Even When Others Won't

    Take The Markets Seriously, Even When Others Won't

    There is a buzz around markets these days, many are in complete disbelief or denial that the bull market continues to rage on.  The length of this run is now about nine years, and we have barely had any correction.  That is not to say we won't have one coming, and certainly with the bias toward short volatility (skew, tail risk), short SPX puts, and other more esoteric products - there will likely be an unwind that will feel monumental.  There may be no getting around it, and it[...]

  • Jun 11, 2017, 4:00 PM

    The Weekly Options News Roundup – 6/11/2017

    The Weekly Options News Roundup – 6/11/2017

    The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX Index and volatility-related articles from print, broadcast, online and social media outlets. Bats Index Franchise Expanding On Tuesday, Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, announced it will expand its European index franchise with the planned launch of 18 new regional European benchmark indices.  The new indices, which are planned[...]

  • Jun 1, 2017, 9:24 AM

    ETH Option Volume Continues to Grow

    ETH Option Volume Continues to Grow

      May turned out to be CBOE’s second highest volume month during the Exchange’s Extended Trading Hours options session.  Average daily volume during ETH in May was 11,763 contracts per day, surpassed only by November’s 14,118 contracts per day.  However, May’s volume was much more consistent, as opposed to the November volume which was highly concentrated in a single trading day in the wake of the U.S. Presidential election.  More market participants appear[...]

  • Trader Talk | Election & VIX | 2016 Recap | Nov 7, 2016, 9:04 AM

    Comparing the Election to Brexit

    Comparing the Election to Brexit

    From a market perspective, the outcome for this week's election is similar to the brexit vote in United Kingdom earlier this year.  That is, a binary event where one extreme outcome is likely to trigger several emotional responses.  Remember much of the worry over brexit prior to that critical vote?  Wait, there was none?  No, I don't remember it, either.  Leading up to the brexit the polls seemed to be convinced voters would not push the referendum through. In fact, lawmakers[...]

  • Election & VIX | 2016 Recap | Nov 1, 2016, 2:38 PM

    Open Interest Rises to 9 Million for SPX Puts and 4.7 Million for VIX Calls, while Implied Vol is Higher for the Nov. 9 Index Option Expirations

    Open Interest Rises to 9 Million for SPX Puts and 4.7 Million for VIX Calls, while Implied Vol is Higher for the Nov. 9 Index Option Expirations

    Several recent news stories have covered this topic - how can investors protect their portfolios in the event of stock market moves during and after the U.S. election on November 8? For investors who are concerned that stock indexes could decline and volatility indexes could soar in future weeks, two of the simpler index option strategies to consider are (1) buying S&P 500 (SPX) protective put options, and (2) buying call options on the CBOE volatility Index (VIX). In the charts below, not that[...]

  • VIX | Futures | May 6, 2016, 10:30 AM

    Record Volume in April for SPX Wednesday-Expiring Weeklys Options

    Record Volume in April for SPX Wednesday-Expiring Weeklys Options

    In February CBOE launched S&P 500® Index (SPX) Wednesday-expiring WeeklysSM options. Last month the average daily volume for the "Wednesday Weeklys" rose to a record high of 72,957 contracts. In the February press release CBOE Holdings CEO Edward T. Tilly said – "We are pleased to further expand our SPX product complex with the introduction of SPX Weeklys with Wednesday expirations. Wednesday Weeklys, in addition to end-of-the-week expirations, will increase opportunities[...]