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.      

CBOE Hosts Chicago’s CAIA Chapter
On Wednesday, Edward Szado of Providence College and Joe Gits of Social Market CAIAAnalytics (SMA) delivered presentations at CBOE on the topic of Using Sentiment Analysis and the Volatility Risk Premium to Enhance Portfolio Returns

A number subjects were discussed, including a  paper on diversifying with VIX® futures and options, and the use of CBOE benchmark indexes such as the CBOE-SMA Large-Cap Index (SMLC), BXM Index, PUT Index, and CNDR Index.

VIX FIX: Geopolitics and Volatility, The Odd Couple
Normally, during times of high political uncertainty, markets are rife with volatility. However, for much of this year, this has not been the case.  The first quarter of 2017 ranked as one the least volatile quarters on record, as seen with an average CBOE Volatility Index (VIX) reading of 11.70 during the period, well below its historical moving average of about 20.  So as the world turns its attention to the rising tensions in Syria and the upcoming French elections, which could have potential Brexit and U.S. election style ramifications on volatility, the honeymoon may be coming to an end. 

“VIX Sends Warning Sign to the Stock Market” –Steven Sears, Barron’s

“VIX Futures Curve Inverts, But Where’s the Volatility?” – Gunjan Banerji, The Wall Street Journal

“Calmest Market in More than Decade on VIX Quarterly Drop” – Cecile Vannucci, Bloomberg

“Stock Market Volatility is Tepid, But VIX Options are Hot” – Elizabeth Harrow, Schaeffer’s Investment Research

“This Volatility Warning Has as Different Ring to it Today” – Steven Russolillo, The Wall Street Journal

“Reading the VIX: More Short-Term Volatility than Long-Term” – Crystal Kim, Barron’s

“The Least Volatile Quarter on Record Since the 1960s” – Crystal Kim, Barron’s

“What the VIX is Telling Us About this Correction” – Bryan Rich, Forbes