Cboe_128x128

Cboe Blog

Cboe Global Markets, the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education.

  • VIX | Blogging Options | Trader Talk | Education | Mar 9, 2015, 8:00 AM

    Blogging Options: CBOE Morning Update 3.9.15

    Blogging Options: CBOE Morning Update 3.9.15

    Macerich up $5 on takeover bid.  GM announces a $5 Billion buyback. MCD February Sales disappoint.  Overseas stocks mixed to lower.  Volatility as an asset class: RTI International (RTI) is up $12.72 to $40 in the premarket, the supplier of titanium and specialty metal products and services for the commercial aerospace, defense, energy and medical device markets will be purchased by Alcoa (AA) in a stock-for-stock transaction with an enterprise value of $1.5B.  Overall option[...]

  • Market News | VIX | Trader Talk | Mar 6, 2015, 3:30 PM

    The Weekly Options News Roundup – 3/6/2015

    The Weekly Options News Roundup – 3/6/2015

    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. RMC Highlights The 31st annual CBOE Risk Management Conference (RMC) will be wrapping up later today in Carlsbad, California.  Nearly 350 financial professionals have gathered at RMC to discuss the latest products and strategies for managing risk exposure, enhancing yields and lowering portfolio volatility. Watch[...]

  • VIX | Blogging Options | Trader Talk | Mar 6, 2015, 1:05 PM

    CBOE Mid-Day Update 3.6.15

    CBOE Mid-Day Update 3.6.15

    Volatility as an asset class Apple (AAPL) is recently up $1.30 to $127.72 on the company replacing AT&T (T) in the Dow Jones Industrial Average on March 18.  March weekly call option implied volatility is at 29, March is at 28, April is at 27; compared to its 26-week average of 26. VIX methodology for Apple (VXAPL) up 2.6% to 29.53, compared to 50-day MA of 31.60. Apple (AAPL) replacing AT &T (T) in Dow Jones Industrial Average (DJX). Proshares UltraShort Barc 20 Year Treasury ETF (TBT)[...]

  • Market News | VIX | Blogging Options | Trader Talk | Mar 6, 2015, 8:15 AM

    Blogging Options: CBOE Morning Update 3.6.15

    Blogging Options: CBOE Morning Update 3.6.15

    February Non-Farm Payrolls gain a surprising 295K jobs.  Participation Rate 62.8%.  Unemployment rate falls to 5.5%.  10-year rate rises to 2.2%.  Will the monthly jobs report allow the FED to raise rates sooner rather than later?  US stock futures turn negative.  Apple (up $1.00) replaces T in the DJIA in two weeks.  Last day of CBOE's RMC.  Volatility as an asset class Staples (SPLS) is off $0.21 to $16.29 in the preopen on inline Q4 results and guidance.[...]

  • The Art of Hedging Discussed at RMC

    The Art of Hedging Discussed at RMC

    The last presentation of the day today at CBOE’s Risk Management Conference also turned out to be one of the best. Boris Lerner, Head of US Quantitative and Derivative Strategies at Morgan Stanley and Arie Aboulafia, Senior Portfolio Manager from Capstone Investment Advisors teamed up to discuss “The Art of Hedging”.  Many market participants have forgotten that there is a non-quantitative aspect to investing and trading since the industry has become so quantitative. This session[...]

  • Market News | VIX | Blogging Options | Trader Talk | Mar 5, 2015, 11:14 AM

    2015 Risk Management Conference: CBOE President and COO Edward Provost on New Initiatives

    2015 Risk Management Conference: CBOE President and COO Edward Provost on New Initiatives

    Thursday, March 5, 2015       CBOE President and COO Edward Provost kicked off Day Two of RMC with an update on recent CBOE developments, highlighting the exchange’s efforts to broaden access to its marketplace and to   expand and diversify its product offerings. Provost began with an update on CBOE’s extended trading hours initiative.  Last June, CFE implemented near 24-hour trading in VIX futures.  Approximately 9 percent of all VIX futures trading[...]

  • Blogging Options | Trader Talk | Mar 5, 2015, 8:20 AM

    Blogging Options: CBOE Morning Update 3.5.15

    Blogging Options: CBOE Morning Update 3.5.15

    China growth target reduced overnight (7%, down from 7.5%) puts overseas stocks on the defensive.  Dollar higher, European yields falling.  Challenger Monthly Jobs Report shower rise in corporate layoffs.  Piper downgrades MCD to neutral.  Oil gave up overnight gains, metals flat.  First day of CBOE's Risk Management Conference went very well.  #CBOERMC for updates.  Volatility as an asset class Costco (COST) is up $3.12 to $150.28 in the preopen after reporting[...]

  • Market News | VIX | Trader Talk | Education | Mar 4, 2015, 6:45 PM

    CBOE Risk Management Presentation - Arbitraging Volatility Estimates

    CBOE Risk Management Presentation - Arbitraging Volatility Estimates

    The 31st edition of the CBOE Risk Management Conference kicked off today with a very educational session from Bruno Dupire who is the Head of Quantitative Research at Bloomberg. His discussion centered on trading volatility which is a core theme of many presentations that will be given over the next few days here in Carlsbad. The timing of Dupire going first at the conference was perfect as his sessions are always as educational as they are informative.  (The Twitter handle for this conference[...]

  • VIX | Blogging Options | Trader Talk | Mar 4, 2015, 12:03 PM

    CBOE Mid-Day Update 3.4.15

    CBOE Mid-Day Update 3.4.15

    Volatility as an asset class McDonald's (MCD) is recently up 7c to $99.81 after McDonald's USA announced new menu sourcing initiatives including only sourcing chicken raised without antibiotics that are important to human medicine. In addition, McDonald's U.S. restaurants will also offer customers milk jugs of low-fat white milk and fat-free chocolate milk from cows that are not treated with rbST, an artificial growth hormone.  March weekly call option implied volatility is at 34, March is at[...]

  • Blogging Options | Mar 4, 2015, 8:10 AM

    Blogging Options: CBOE Morning Update 3.4.15

    Blogging Options: CBOE Morning Update 3.4.15

    ADP Job growth came in lighter than expected for February at a 212K rate (~220K expected).  India and Poland cut interest rates, China cut overnight rate.   Commodities in a tight range.  March 4th Chicago's birthday.  Bob Evans (BOBO, off $12.00) decides not to spin off part of chain.   CBOE RMC kicks off in a few hours.  #CBOERMC to follow.  Volatility as an asset class Target (TGT) is off $0.25 $77.75 in the premarket on plans to eliminate several thousand[...]

  • Market News | Mar 3, 2015, 11:53 AM

    CBOE Mid-Day Update 3.3.15

    CBOE Mid-Day Update 3.3.15

    Volatility as an asset class Ford (F) is recently down 47c to $16.10 after the automakers reported February sales fell about 2% last month compared to the prior year. March call option implied volatility is at 18, April is at 19, May and September is at 20; compared to its 26-week average of 23. General Motors (GM)  is recently down 13c to $37.47 after reporting February U.S. sales rose a bit over 4%, but that was below the nearly 6% increase that had been forecast by analysts. March call option[...]

  • Blogging Options | Trader Talk | Mar 3, 2015, 7:40 AM

    Blogging Options: CBOE Morning Update 3.3.15

    Blogging Options: CBOE Morning Update 3.3.15

    Premier Netanyahu speaks to Congress today.  Futures off globally but not much, Oil moves up to $50. Treasury yields climb slightly.  Aussies kept rates unchanged last night.  Market reaction (if any) to Netanyahu speech unclear.  SPY off $0.60 on 1.6mm shares.  For those unable to attend CBOE's Risk Management Conference in San Diego starting tomorrow, follow us on #CBOERMC. Volatility as an asset class: Best Buy (BBY) is up $1.37 to $40 in the preopen after reporting Q4[...]

  • VIX | Blogging Options | Trader Talk | Mar 2, 2015, 1:10 PM

    CBOE Mid-Day Update 3.2.15

    CBOE Mid-Day Update 3.2.15

    Volatility as an asset class Lumber Liquidators (LL) is recently down $10.57 to $41.22 after '60 Minutes' alleges floor may violate health and safety violations.  March put option implied volatility is at 107, April is at 89, May is at 76; compared to its 26-week average of 52. Aruba Networks (ARUN) is recent down 36c to $24.45 after HP (HPQ) announced its acquiring the network company for $3B. March call option implied volatility is at 16, April is at 17; compared to its 26-week average of[...]

  • Market News | Blogging Options | Trader Talk | Mar 2, 2015, 8:00 AM

    Blogging Options: CBOE Morning Update 3.2.15

    Blogging Options: CBOE Morning Update 3.2.15

    Extended Trading Hours (ETH) for VIX options started today, Monday, March 2nd.  Extended Trading hours for VIX options are 2:00 a.m. to 8:15 a.m. Central Time (“CT”).  Regular VIX trading will resume at 8:30 a.m. and continue until 3:15 p.m. CT. www.cboe.com/ETH for more info.     China interest rate cut of 0.25% to spur economy was expected.  Personal Income for January rose 0.3%, Spending with a surprise drop of 0.2%.  ISM to be released 30 minutes[...]

  • Market News | VIX | Trader Talk | Feb 27, 2015, 3:19 PM

    The Weekly Options News Roundup – 2/26/2015

    The Weekly Options News Roundup – 2/26/2015

    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. CBOE Expanding Its Index Options Complex On Thursday, CBOE signed a licensing agreement with the London Stock Exchange Group to develop and list options on more than two dozen FTSE and Russell Indices.  Under the agreement, CBOE will become the exclusive U.S. home for options on the FTSE and Russell indices. [...]

Special Offers
*Third Party Advertisements

Advertisement Advertisement