VIX Archives - CBOE Blogs

  • Market News | Jul 18, 2015, 8:00 AM

    The Week in Volatility Indexes and ETPs - 7/13 - 7/17

    The Week in Volatility Indexes and ETPs - 7/13 - 7/17

    Last week VIX did what I guess it is supposed to do and moved to very low levels to reflect that we are in the summer doldrums.   VIX dropped in a way it usually rallies and was down 29% last week for the third biggest one week drop since 1990. VXST was down over 43% as the curve went quickly from slight backwardation to contango. The long ETP’s got slapped around a bit with VXX losing 17% and the leveraged funds giving up about 33%. The inverse funds moved higher, but only by about[...]

  • Market News | VIX | Jul 17, 2015, 1:55 PM

    The Weekly Options News Roundup – 7/17/15

    The Weekly Options News Roundup – 7/17/15

    The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast and online and social media outlets. CBOE: A Global Company To better serve CBOE’s growing international client base, the company has promoted Andy Lowenthal to lead its Business Development for CBOE, CFE, and Livevol, who will focus on its expanding global client services. “CBOE’s Andy Lowenthal to lead business development for CBOE,[...]

  • Market News | Jul 17, 2015, 12:18 PM

    Weekly Stock Market Commentary - 7/17/15

    Weekly Stock Market Commentary - 7/17/15

    The oversold conditions that existed last week generated a strong week-long rally. The move above 2100 was constructive, but the chart won't really turn bullish until new highs are made and held.That would require a move above 2135. Put buying has remained relatively heavy, despite the rally. As a result, the equity-only put-call ratios remain in an uptrend and thus remain on sell signals. Currently both breadth oscillators are clinging to buy signals. During this rally, we have literally seen a[...]

  • Market News | Education | Jul 16, 2015, 11:10 AM

    Agenda for RMC Europe, CBOE Presents 35 Speakers

    Agenda for RMC Europe, CBOE Presents 35 Speakers

    The Fourth Annual CBOE Risk Management Conference Europe will occur on September 28 - 30, 2015, at the InterContinental Hotel in beautiful Geneva, Switzerland. This week the Agenda and List of 35 Speakers for RMC Europe were published at www.cboermceurope.com.  Hosted by the CBOE, RMC is an educational forum dedicated to exploring the latest products, trading strategies and tactics used to manage risk exposure and enhance yields. RMC brings together top traders, strategists and researchers,[...]

  • Market News | Jul 15, 2015, 1:31 PM

    VIX on the Move:  Volatility Trends

    VIX on the Move:  Volatility Trends

    With so much uncertainty over recent events in Greece and China it's no wonder markets have seen a sharp rise in volatility.  As measured by the VIX, we saw volatility rise nearly 80% in just better than two weeks, vaulting from about 12% to 20% during that time.  Uncertainty creates doubt, and as long as this bull market has been in place there is not one investor/trader out there who wonders when it may end or a deeper correction would ensue.  But like Pavlov's dog, investors are[...]

  • Market News | Jul 13, 2015, 11:50 AM

    Back From The Brink - Weekly Market Outlook

    Back From The Brink - Weekly Market Outlook

    Once again, just when it looked like stocks were going to pass the point of no return, good news regarding Greece's debt day the bulls a reason to celebrate on Friday. It wasn't enough to bring the market back into the black for the week, but just barely.  More important, Friday's bounce gave investors just enough hope to keep the bullish case alive for some. We'll look at everything below, as usual, but let's first run down some key economic numbers. Economic Data There wasn't much in[...]

  • Market News | VIX | Trader Talk | Strategy | Jul 12, 2015, 8:22 AM

    The Week in Russell 2000 Trading - 7/6 - 7/10

    The Week in Russell 2000 Trading - 7/6 - 7/10

    The week was quite a roller coaster ride for both the large and small cap segments of the equity market. As the week came to an end the Russell 2000 (RUT) was up 0.30% while the Russell 1000 (RUI) lost 0.03%.  As of Friday RUT is 3.93% higher for the year outperforming RUI by 2.61%. The RVX – VIX relationship tested recent lows on Thursday as it is prone to do when global risk is the big market concern.   On Friday, RUT did outperform RUI a bit (up 1.4% versus 1.2%)[...]

  • Market News | VIX | Trader Talk | Futures | Jul 11, 2015, 1:20 PM

    TYVIX Weekly Review - 7/11/2015 by Catherine Shalen

    TYVIX Weekly Review - 7/11/2015 by Catherine Shalen

    Every day Brings a New Twist to TYVIX, Benchmark for Treasury Volatility The referendum in Greece on Sunday was a non-event for Treasury volatility. TYVIX opened at 6.70 on Monday, 1.82% above its closing value on July 2nd, but by 10:30, TYVIX was back to 6.58. Equity and FX volatilities were more reactive. VIX opened 11.08% higher, EUVIX 6.71% higher, JYVIX 5.74% higher and BPVIX 3.32% higher. After this open, Treasury prices began a rally which lasted until Thursday, as investors responded to[...]

  • Market News | VIX | Trader Talk | Education | Futures | Jul 11, 2015, 12:37 PM

    The Week in Volatility Indexes and ETPs - 7/6 - 7/10

    The Week in Volatility Indexes and ETPs - 7/6 - 7/10

    From the pre-Independence day July 2nd close to this past Friday VXST was down 0.73, VIX was up by 0.04, VXV was 0.05 higher and VXMT finished 0.28 higher. VXST is sort of an anomaly as there is a 3-day weekend impact that pushes the index lower. As the week over week change does no justice in showing the actual price action from last week I included the Thursday closing curve to show that last week was anything but boring. Note on the table below both VXX (and the similar funds) and SVXY (plus[...]

  • Market News | VIX | Trader Talk | Jul 10, 2015, 2:08 PM

    The Weekly Options News Roundup – 7/10/2015

    The Weekly Options News Roundup – 7/10/2015

    The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast and online and social media outlets. Back to the Futures A pioneer of the short-term options known as Weeklys, CBOE successfully bridged the gap between monthly expirations with these event-driven contracts. Now CBOE is expanding the concept to include its proprietary VIX futures contracts, adding Weeklys futures on July 23rd.  The launch will be[...]

  • Market News | VIX | Trader Talk | Futures | Trade Ideas | Jul 8, 2015, 9:55 PM

    Bullish, Bearish, and Neutral Trades from Today

    Bullish, Bearish, and Neutral Trades from Today

    One of the fun parts of working at the Options Institute is looking into how large traders react to different market environments. Since today was a pretty exciting day in the markets I decided to look at block trading activity from the end of the day today. The result is a bullish, bearish, and neutral trade executed respectively in the Russell 2000, S&P 500, and VIX option markets today. First, the bullish Russell 2000 trade. With RUT very close to 1228 there was a bullish diagonal spread executed[...]

  • VIX Option Trade Into Expiration

    VIX Option Trade Into Expiration

    CBOE and the CBOE Futures exchange plan on launching VIX Weeklys options and futures respectively over the next couple of months. Usually when new markets start trading we have to do a little wait and see with respect to strategies that large traders are implementing. However, with VIX Weeklys we have over 100 expirations since VIX options were launched and we can look to trading in VIX options and futures that have occurred near expiration. With this in mind I did some digging around on the Monday[...]

  • Market News | VIX | Trader Talk | Trade Ideas | Jul 7, 2015, 12:15 PM

    Weekly MSCI Index Review - 7/7/2015

    Weekly MSCI Index Review - 7/7/2015

    Tuesday of each week is the time we have set aside to discuss international markets on the CBOE Options Hub. Recently CBOE launched index option trading on two of the most widely followed equity market indexes that depict performance for equity markets outside the United States. The MSCI EAFE Index (MXEA) measures the performance of equities in developed markets outside of North America and the MSCI Emerging Markets Index (MXEF) focuses on emerging markets such as China, South Korea, and India. The[...]

  • Market News | VIX | Jul 6, 2015, 3:50 PM

    New VIX Weeklys Futures and Options – Enhanced Precision and Responsiveness with More Wednesday Expirations

    New VIX Weeklys Futures and Options – Enhanced Precision and Responsiveness with More Wednesday Expirations

    CBOE Futures Exchange, LLC (CFE®) plans to list futures with weekly expirations on the CBOE Volatility Index® (VIX®) beginning Thursday, July 23, 2015, subject to regulatory review. VIX Weeklys options at CBOE are expected to follow on a later date, also subject to regulatory approval. The new VIX Weeklys futures and options will offer more expirations that have the potential to provide more precision and responsiveness for investors. www.cboe.com/VIXWeeklys COLUMNIST’S REMARKS[...]

  • Market News | Jul 6, 2015, 8:25 AM

    The Weekly Options News Roundup - Holiday Week Edition

    The Weekly Options News Roundup - Holiday Week Edition

    The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast and online and social media outlets. Watch VIX and TYVIX as Uncertainty in Europe Grows Greece’s debt crisis has Jon Najarian keeping an eye on two key volatility indexes. The VIX Index, a measure of the S&P 500 and the TYVIX Index, a measure 10-year Treasury Notes, can both be used to monitor volatility as a potential exit of Greece from the[...]