VIX Archives - Cboe Blogs

  • Market News | VIX | Jul 24, 2015, 3:00 PM

    The Weekly Options News Roundup – 7/24/2015

    The Weekly Options News Roundup – 7/24/2015

    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. A 24/7 VIX? VIX futures are available for trading nearly 24 hours a day….is it time for the VIX Index to be calculated around the clock? “The Case for a 24-Hour VIX” – Steven M. Sears, Barron’s http://on.barrons.com/1JfHYle VIX Futures Weeklys Are Here The CBOE Futures Exchange (CFE) launched[...]

  • Market News | VIX | Trader Talk | Futures | Jul 19, 2015, 7:20 AM

    The Week in Russell 2000 Trading - 7/13 - 7/17

    The Week in Russell 2000 Trading - 7/13 - 7/17

    With Greece finally behind us (for now…) the global economic picture is a bit more stable. This resulted in equity markets rebounding last week. Large caps benefited from the resolution of the Euro issues and the Russell 1000 (RUI) gained 2.24% placing the large cap benchmark up 3.59% for the year. Small cap stocks were higher as well, but the Russell 2000 lagged gaining 1.20%.   There is still a bit of a spread between small cap and large cap performance for 2015 as[...]

  • 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 | VIX | Trader Talk | Strategy | Jul 13, 2015, 8:35 PM

    RUT Alternative to an IWM Put Spread

    RUT Alternative to an IWM Put Spread

    Every Saturday morning my ritual includes grabbing the latest issue of Barron’s and turning directly to the Striking Price column which is regularly authored by a good friend of CBOE Steve Sears, who is credited with coining term ‘fear index’ for VIX. This weekend another good friend of CBOE, Bill Luby the chief investment officer of Luby Asset Management and the publisher of the VIX and More blog site (www.vixandmore.com) was the guest author of the Striking Price column[...]

  • Technical Analysis & Charts | VIX | Trader Talk | Trade Ideas | Jul 12, 2015, 3:30 PM

    Psychological Damage Can Be Done to Investors

    Psychological Damage Can Be Done to Investors

    It is not easy to win over investor sentiment.  Anyone who lost money during the financial crisis can tell you how difficult it was to suddenly trust markets again, and there was the 'flash crash' afterwards that suddenly jolted any built up confidence.  For its part, the Fed has done everything they possibly could to bolster investor confidence, the lifeblood to the markets. On record they have succeeded, but many would question the tactics.  Yet six years in to the bull run many[...]

  • 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[...]

  • VXX Block Trade from Monday

    VXX Block Trade from Monday

    Monday of this week was one of the more exciting days we have had in 2015. That’s probably an understatement since VIX futures volume was the highest it has been this year. When the S&P 500 is down and volatility is up there are traders always looking to take the other side of the move. Either through selling volatility or through getting long the stock market. The iPath S&P 500 Short Term Futures ETN (VXX) market is one instrument that can move quickly to the upside when the S&P[...]

  • Market News | VIX | Trader Talk | Futures | Strategy | Jun 29, 2015, 5:52 PM

    Today in VIX, SPX, and RUT - 6/29/2015

    Today in VIX, SPX, and RUT - 6/29/2015

    A lot went on today as the Greece thing seemed to come to a head. Below are some highlights with respect to the CBOE Volatility Index, the S&P 500, and the Russell 2000 with respect to the reaction of global markets to the news out of Greece. Spot VIX rose just over 34% and the front month July futures contract was up almost 20%. Volume in VIX futures appears to have topped 400,000 for the first time this year. July and August settled within a tick of each other which is a positive for the long[...]