VIX Archives - Cboe Blogs

  • Market News | VIX | Blogging Options | May 22, 2015, 3:00 PM

    The Weekly Options News Roundup – 5/22/2015

    The Weekly Options News Roundup – 5/22/2015

    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. EUREKA!!!! Earlier this week, CBOE announced it has entered into an agreement with Eurekahedge, a hedge-fund research and data collection company, to collaborate on the development of a series of new benchmark indexes designed to measure the performance of hedge funds that use volatility-based investment strategies. “CBOE,[...]

  • VIX | Blogging Options | Trader Talk | May 21, 2015, 12:10 PM

    CBOE Mid-Day Update 5.21.15

    CBOE Mid-Day Update 5.21.15

    Volatility as an asset class Best Buy (BBY) is recently up $1.78 to $35.46 after reporting Q1 adjusted EPS 37c, compared to consensus 29c. May weekly call option implied volatility is at 42, June is at 28, September is at 31; compared to its 90-day average of 32. NetApp (NTAP) is recently down $4.19 to $31.45 after reporting less than expected Q4 report. May volatility elevated into Q4 and outlook. May weekly call option implied volatility is at 34, June is at 23, July is at 21; compared to its 90-day[...]

  • Market News | VIX | Education | May 21, 2015, 11:30 AM

    CBOE, C2 & CFE Memorial Day Holiday Trading Schedule

    CBOE, C2 & CFE Memorial Day Holiday Trading Schedule

    We have another long weekend coming up.  Next Monday, May 25th, is Memorial Day in the U.S. Tomorrow, Friday May 22st, CBOE, C2 and CFE  will have regular trading hours for all products. On Sunday evening May 24th, CFE opens its extended trading session at 5:00pm CDT for VIX (VX) Futures and VXT, and will close at 10:30am Monday May 25th. Monday May 25th, CBOE and C2 are closed for business, so there will be no Stock, ETF or Index option trading on that date.  Regular trading will[...]

  • VIX | Blogging Options | Trader Talk | May 20, 2015, 12:15 PM

    CBOE Mid-Day Update 5.20.15

    CBOE Mid-Day Update 5.20.15

    Volatility as an asset class Southwest (LUV) is recently down $3.12 to $37.78 on concerns of worsening competitive backdrop and lean competitors vowing to compete aggressively. May weekly call option implied volatility is at 48, June is at 34, July is at 33 compared to its 90-day average of 33. Delta (DAL) is recently down $2.35 to $43.84. May weekly call option implied volatility is at 43, June is at 34, July is at 33 compared to its 90-day average of 34. American Airlines (AAL) is recently down[...]

  • VIX | Blogging Options | Trader Talk | May 19, 2015, 12:06 PM

    CBOE Mid-Day Update 5.19.15

    CBOE Mid-Day Update 5.19.15

    Volatility as an asset class Dick's Sporting (DKS) is recently down $2.24 to $54.06 on inline Q1 results and strong Q2 guidance. June call option implied volatility is at 23, September is at 24; compared to its 90-day average of 26. TJX (TJX) is recently up $2.65 to $69.91 after the retailer reported inline into Q1 results and strong Q2 guidance. June call option implied volatility is at 18, July and October is at 17; compared to its 90-day average of 20. Take-Two (TTWO) is recently up $3.73 to $27.93[...]

  • VIX | Trader Talk | Futures | May 19, 2015, 9:15 AM

    May VIX Settlement Reminder 5.19.15

    May VIX Settlement Reminder 5.19.15

    Settlement Reminder: Today, Tuesday, May 19th is the last trading day for May in the following: VIX, RVX, VXN, GVZ, OVX, VXEEM, VXEWZ, and VXTYN futures* and options. These contracts settle tomorrow, Wednesday morning, May 20th. PLEASE NOTE:  VIX options with an expiration date of May 20th, 2015 will cease trading at 3:15 p.m. CDT today, Tuesday, May 19, 2015. These expiring options will NOT trade during the ETH session on Wednesday, May 20, 2015. * This is in contrast to VIX futures with[...]

  • VIX | Blogging Options | Trader Talk | May 19, 2015, 8:01 AM

    Blogging Options: CBOE Morning Update 5.19.15

    Blogging Options: CBOE Morning Update 5.19.15

    ECB talking of accelerating next round of QE has shorts in Europe scrambling.  April Housing Starts higher than estimates, rebounding after February and March disappointed.  SPY up fractionally.  Last day to trade May VIX, settles tomorrow morning.  Volatility as an asset class Home Depots (HD) is up $1.92 to $116.25 in the premarket on Q1 profit increasing 14.5%. May weekly call option implied volatility is at 34, June is at 21, August is at 20; compared to its 90-day average[...]

  • VIX | Blogging Options | Trader Talk | May 18, 2015, 12:20 PM

    CBOE Mid-Day Update 5.18.15

    CBOE Mid-Day Update 5.18.15

    Volatility as an asset class S&P 500 ticks new life high The S&P 500 (SPY) index has ticked a marginal new life high at 2127.45. May weekly and June call option implied volatility is at 11; compared to its 90-day average of 13. Technology Sector SPDR (XLK) May weekly and June call option implied volatility is at 13; compared to its 90-day average of 15. Financial Sector SPDR (XLF) May weekly and June call option implied volatility is at 14; compared to its 90-day average of 14. Consumer Discretionary[...]

  • Technical Analysis & Charts | VIX | Futures | May 18, 2015, 10:35 AM

    Will The Breakout To New Highs Stick This Time? - Weekly Market Outlook

    Will The Breakout To New Highs Stick This Time? - Weekly Market Outlook

    The S&P 500 Index ended last week at a new high, and the technical trend momentum picture is bullish.  But we've seen similar moves since February reverse several times, as the market has remained in a choppy and grinding narrowing range (with a mild upside bias). The $64,000 question: Do we trust the move we just got by taking it at face value, or is this another potential fakeout? We'll weigh the odds below, after taking a detailed look at some of last week's and this week's[...]

  • Market News | VIX | Trader Talk | Futures | May 17, 2015, 9:39 AM

    The Week in Russell 2000 Trading - 5/11 - 5/14

    The Week in Russell 2000 Trading - 5/11 - 5/14

    Small cap stocks narrowed the performance gap with large cap stocks last week. The Russell 2000 (RUT – 1243.95) rose 0.73% which places 2015’s price performance at up 3.26% while the Russell 1000 (RUI – 1184.73) gained 0.37%. Large cap stock performance is still slightly better than year to date small cap performance as the Russell 1000 is up 3.53% for 2015. The chart below adjusts both indexes to start the year at 100 for an easy visual comparison. The CBOE Russell[...]

  • Market News | VIX | Trader Talk | Futures | May 16, 2015, 4:19 PM

    The Week in VIX - 5/11 - 5/15

    The Week in VIX - 5/11 - 5/15

    There was a fairly parallel shift lower in spot VIX and VIX futures pricing as there wasn’t much to get excited about last week. The May VIX future dropped a little more than the spot index as expiration is just around the corner. Despite the almost 5% drop in the May contract, the premium relative to spot VIX is about 1.30. The premium of the May futures contract relative to spot VIX got me looking into various puts that expire Wednesday morning. I copied down the[...]

  • Market News | VIX | Trader Talk | Futures | May 16, 2015, 2:31 PM

    The Week in Volatility Indexes and ETPs - 5/11 - 5/15

    The Week in Volatility Indexes and ETPs - 5/11 - 5/15

    There was a slight shift in the VXST – VIX – VXV – VXMT term structure last week. VXST and VIX were down, VXV was actually up slightly and VXMT dropped. Relative to history, VXV and VXMT are higher than you would expect with the S&P 500 making all-time highs. I’m convinced the market is braced for a difficult end to 2015. VXX and the other long oriented ETPs continue to grind lower as VIX stays at low levels and the futures maintain contango. SKEW stands out[...]

  • VIX | Blogging Options | Trader Talk | May 15, 2015, 3:00 PM

    The Weekly Options News Roundup – 5/15/2015

    The Weekly Options News Roundup – 5/15/2015

    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. VIX 101 “What is the essence of VIX? This may seem like an abstract, philosophical question, but I can assure you it is not. It is a practical one, and if you can understand what makes VIX unique, you will know why this index matters so much...” “The Essence of VIX: What You Really Need to Know”[...]

  • Technical Analysis & Charts | VIX | Education | May 15, 2015, 1:15 PM

    Weekly Market Commentary 5.15.15

    Weekly Market Commentary 5.15.15

    The broad stock market has continued to frustrate both bulls and bears by remaining within a trading range for quite some time.  However, today, $SPX closed at a new all-time high and thus is on the verge of an upside breakout.  While this produced much glee on CNBC, there could be problems once again if this breakout is not confirmed. The simplest confirmation would be another $SPX close at new all-time highs, and this time above the all-time intra-day high at 2125.92. Equity-only put-call[...]

  • VIX | Blogging Options | Trader Talk | May 14, 2015, 12:16 PM

    CBOE Mid-Day Update 5.13.15

    CBOE Mid-Day Update 5.13.15

    Volatility as an asset class Kohl's (KSS) is recently is down $8.78 to $65.70 on weak February Same Store Sales. June call option implied volatility is at 25, July is at 24; compared to its 90-day average of 24. Vipshop (VIPS) is recently down $1.30 to $25.73 after reports Q1 adjusted EPS 13c, consensus 10c and inline revenue of $1.39B. May weekly call option implied volatility is at 48, June is at 47, August is at 51; compared to its 90-day average of 49. Jack in the Box (JACK) is recently down[...]