Interest in managing global portfolio exposure has grown in recent weeks.
As shown in the price charts below, over the five-trading-day period from August 17 through August 24 –
Two key global stock indexes – the MSCI EAFE Index (MXEA) and MSCI Emerging Markets Index (MXEF) – both fell by more than 5%;
Several volatility indexes rose considerably – the CBOE Emerging Markets ETF Volatility Index (VXEEM) rose 120%; CBOE EFA ETF Volatility Index (VXEFA) rose 112%, and CBOE China[...]
CBOE Holdings now offers Extended Trading Hours (ETH) on key popular index futures and options contracts -- to provide investors with tools to hedge and to take advantage of market opportunities as they happen. www.cboe.com/ETH.
In recent days many investors have become concerned about falling share prices on stock exchanges in Asia, and on August 24 the trading volumes during ETH soared to 140,811 for VIX futures, 21,612 for VIX options and 8,407 for S&P 500 (SPX) options.
DAILY VOLUME DURING[...]
This past week the CBOE Volatility Index® (VIX®) rose 118.5%, its largest move ever (in percentage terms) in one calendar week. On Friday CBOE®, C2 Exchange and the CBOE’s S&P 500® (SPX) options all experienced record volume days, with estimated volume of 11 million options contracts traded on CBOE. A news report at Marketwatch noted –“Across the globe, investors dumped anything with a whiff of “risk” as an economic slowdown in China accelerates,[...]
August 18 – A report today at http://money.cnn.com noted that –
“The bears have returned in China. The Shanghai Composite shed 6.2% on Tuesday, once again bringing the key index below the 3,800 point mark. …Tuesday's slump was the sharpest decline since July 27.”
RISE IN IMPLIED VOLATILITY FOR THE AUGUST FXI OPTIONS
A key issue for options investors is - how does the volatility in the Chinese stock markets impact the prices and implied volatility of exchange-listed options[...]
In a recent news article in Bloomberg, Callie Bost noted this year’s relatively strong performance for the CBOE S&P 500 BuyWrite Index (BXM), and she wrote --
“Traders Score With Buy-Write Options Strategy Tuned to U.S. Calm. Traders selling calls on stock holdings are beating the S&P 500 for the first time since 2011. The torpor in U.S. equities is proving a bonanza for traders employing an options tactic designed to capitalize on dead markets. … ‘A churning[...]
Today CBOE announced in a press release that it has created 10 new options-based strategy performance benchmark indexes that are designed to highlight the long-term utility of options as risk management and yield- enhancing investment tools. CBOE will disseminate intra-day values for the new benchmarks beginning August 3, 2015 at the page www.cboe.com/benchmarks. The new benchmark indexes use popular S&P 500® Index (SPX) Weeklys options to create new versions of two of CBOE’s flagship[...]
Today the new nearby VIX® Weeklys futures (ticker “31VX/Q5,” with an August 5 expiration) rose about 7% and had a daily settlement value of 15.325.
Here is a screenshot of the delayed quotes table at 3:28 pm CT today -
The detailed futures quote table below showed expiration dates, prices, and volumes for VIX futures with the new Weeklys expirations and standard expirations.
Investors with Bloomberg terminals can see detailed VIX futures information[...]
On the July 23 trading day, CBOE Futures Exchange, LLC (CFE®) launched the first-ever trading of futures with weekly expirations on the CBOE Volatility Index® (VIX® Index). The new VIX Weeklys futures offer more expirations that have the potential to provide more precision and responsiveness for investors. On July 23 the estimated trading volume was more than 200 contracts for the new VIX Weeklys futures (with expirations on August 5 and August 12), and approximately 216,000 contracts[...]
On July 16 in New York City, a panel of four volatility experts - Mark Chen, Managing Director, Citigroup; Joe Aiken, Managing Partner, Malachite Capital Management; Krag “Buzz” Gregory, Managing Director, Goldman Sachs; and Jim Lubin, Managing Director; CBOE Futures Exchange, LLC (CFE®), had a lively and upbeat discussion on the topic of Managing Portfolios with VIX®Weeklys Futures and Options.
CFE plans to list futures with weekly expirations on the CBOE Volatility Index®(VIX)[...]
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,[...]
A news story on Bloomberg recapping the July 8 trading in China noted that -
“The Shanghai Composite Index slid 5.9 percent to 3,507.19 at the close. With at least 1,331 companies halted on mainland exchanges and another 747 falling by the 10 percent daily limit, sellers were locked out of 72 percent of the Chinese market. … “
Many investors who are concerned about worldwide market volatility related to developments in China and Greece are exploring the use of futures and options[...]
CBOE recently launched trading in options on the MSCI Emerging Markets Index (MXEF) and the MSCI EAFE Index (MXEA).CBOE's options on MSCI indexes are designed to provide investors different ways to efficiently gain exposure to the global equity markets and execute risk management, hedging, asset allocation and income generation strategies.
ADDED EXPIRATION DATES
At the launch of options on the MSCI EAFE (MXEA) and MXEF indexes, a number of institutional customers expressed great interest in the new[...]
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
After the news broke last Sunday (June 28) regarding the closing of banks in Greece, worldwide markets for stocks and oil plunged, and investors sought assets that could rise and serve as diversifiers. The VIX® July futures prices responded by rising from 14.525 on June 26 to 17.375 on the next trading day (June 29).
Below are seven key points about VIX action during this past big week – these points could be of interest to technical analysts who are looking for trading signals, and to[...]
In the past couple of days, news out of Greece regarding capital capital controls and bank closings had a worldwide negative impact on stock and oil prices, while five of CBOE’s volatility indexes rose more than 30%, and volume in VIX futures soared to an estimated 415,000 contracts. After news about the closures of Greek banks broke over the weekend, VIX futures volume in the 5 pm (Sunday) to 2 am CT session was a record 32,617 (estimated) contracts, an all-time record for that time period.
Futures questions? Get answers at TD Ameritrade.Free futures education and specialists available day and night.
New TradeStation Pricing. $5/Trade + $0.50 Per Contract for Options. Open an Account.