RUT Archives - Cboe Blogs

  • Market News | VIX | Trader Talk | Apr 24, 2015, 3:19 PM

    The Weekly Options News Roundup – 4/24/2015

    The Weekly Options News Roundup – 4/24/2015

    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. New Products at CBOE Options on the MSCI Emerging Markets Index (EM) and the MSCI EAFE Index (EAFE) made their trading debut on CBOE this week.  Andy Lowenthal, Vice President of Business Development at CBOE, discusses these products, and other initiatives, with CT Financial News. “Interview: CBOE Exec Talks[...]

  • VIX | Blogging Options | Trader Talk | Apr 24, 2015, 12:21 PM

    CBOE Mid-Day Update 4.24.15

    CBOE Mid-Day Update 4.24.15

    Volatility as an asset class Altera (ALTR) is recently down 46c to $41.63 after the semiconductor company reported Q1 results that missed expectations. May call option implied volatility is at 72, June is at 67, September is at 41; compared to its 26-week average of 28. American Airlines (AAL) is recently up $1.55 to $53 on Q1 earnings nearly doubling. May weekly call option implied volatility is at 34, May is at 37, June is at 34, August is at 36; compared to its 26-week average of 42. Comcast (CMCSA)[...]

  • Technical Analysis & Charts | VIX | Trader Talk | Apr 24, 2015, 10:30 AM

    Weekly Market Commentary 4.24.15

    Weekly Market Commentary 4.24.15

    Both bulls and bears are frustrated by recent action. Most recently, $SPX has made repeated attempts to challenge the all-time highs, but it has not yet been able to break out.  There is resistance in the 2110- 2120 area that has contained all advances. In any case, the $SPX chart is still neutral until it breaks out of the triangle in a convincing way. Equity-only put-call ratios have been bullish since around the first of the month. But this week, they began to curl upwards -- a move which[...]

  • VIX | Blogging Options | Trader Talk | Apr 23, 2015, 12:24 PM

    CBOE Mid-Day Update 4.23.15

    CBOE Mid-Day Update 4.23.15

    Volatility as an asset class PepsiCo (PEP) is recently down 94c to $96.34 on solid Q1 results and sees FY15 organic revenue growth in mid-single digits. May weekly call option implied volatility is at 15, June is at 13, July is at 12; compared to its 26-week average of 18. Caterpillar (CAT) is recently down 45c to $84.40 after raising its profit outlook for the year after reporting better than expected Q1 results. May weekly call option implied volatility is at 21, May is at 18, June is at 18, August[...]

  • VIX | Blogging Options | Trader Talk | Apr 22, 2015, 12:07 PM

    CBOE Mid-Day Update 4.22.15

    CBOE Mid-Day Update 4.22.15

    Volatility as an asset class Boeing (BA) is recently down $3.58 to $149.75 on Q1 profit increasing 38% on growth in its commercial-airlines segment. May weekly call option implied volatility is at 19, May is at 17, June and August is at 18; compared to its 26-week average of 22. Coca-Cola (KO) is recently up 47c to $41.25 on better than expected Q1 profit and revenue. May weekly call option implied volatility is at 15, June is at 14, July is at 13, November is at 14; compared to its 26-week average[...]

  • VIX | Blogging Options | Trader Talk | Apr 21, 2015, 11:51 AM

    CBOE Mid-Day Update 4.21.15

    CBOE Mid-Day Update 4.21.15

    Volatility as an asset class Teva (TEVA) is recently up $1.23 to $64.52 after proposing to acquire all of the outstanding shares of Mylan (MYL) in a transaction valued at $82.00 per Mylan share, with the consideration to be comprised of approximately 50% cash and 50% stock. April weekly call option implied volatility is at 49, May is at 39, June is at 29; compares to its 26-week average of 25. Mylan (MYL) is recently up $6.40 to $74.43.  April weekly all option implied volatility of 47, May[...]

  • Technical Analysis & Charts | VIX | Apr 20, 2015, 10:45 AM

    Trading Range Should Be Settled Soon - Weekly Market Outlook

    Trading Range Should Be Settled Soon - Weekly Market Outlook

    Once again a rally effort that managed to pull the market within reach of a breakout was quelled as the eleventh hour, putting stocks back in the middle of a recent trading range. This third failure - and potential triple top - is likely discouraging to bulls on the sidelines who were waiting for that one last convincing bullish hint before pouring back in.  What are the key market levels to watch here?  We'll dissect the market's current situation, after looking at last week's[...]

  • Market News | VIX | Trader Talk | Futures | Apr 19, 2015, 2:16 PM

    The Week in Small Cap Stocks - 4/13 - 4/17

    The Week in Small Cap Stocks - 4/13 - 4/17

    Last week the Russell 2000 moved lower in line with the large cap focused S&P 500, as the RUT was down 1.02% compared to a 0.99% drop in the S&P 500. One method analysts use to gauge small cap risk relative to large cap risk is by comparing the relative levels of VIX and RVX (CBOE Russell 2000 Volatility Index). The chart below shows the daily close for RVX divided by VIX from the beginning of 2014 through Friday along with the average ratio of 1.34 highlighted on the chart. As[...]

  • Market News | VIX | Trader Talk | Futures | Apr 19, 2015, 7:45 AM

    VIX - Week of 4/13 - 4/17

    VIX - Week of 4/13 - 4/17

    We closed a chapter in VIX history with the April 2015 contract going off the board last week and May stepping in to be the new front month. May finished the week over a point closer to the spot VIX index as VIX rose over 10% and the May future only gained about 1.6%. About 45 minutes into the trading day there was a volatility trader looking out to June and expecting VIX to remain below 18.00 or at least be under 18 at June settlement. The trader sold 9,200 VIX Jun 18 Calls at 1.63 and then[...]

  • Market News | VIX | Trader Talk | Futures | Apr 18, 2015, 1:00 PM

    Volatility Indexes and ETPs - Week of 4/13 - 4/17

    Volatility Indexes and ETPs - Week of 4/13 - 4/17

    Despite an ugly Friday both VXST and VIX remains pretty low relative to recent levels. I again included the 2014 average closing levels to the chart below. This inclusion isn’t so much about noting VIX is lower, but that VXV (3 month volatility) moved above the 2014 average and VXMT (6 month volatility) remains higher than what was the average for last year. Do note that VXV got some love this past week in a discussion by Adam Warner which then led to a story on CNBC.   The links[...]

  • Market News | VIX | Trader Talk | Apr 17, 2015, 3:06 PM

    The Weekly Options News Roundup – 4/17/2015

    The Weekly Options News Roundup – 4/17/2015

    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. MSCI Options Countdown Options on the MSCI Emerging Markets Index (EM) and the MSCI EAFE Index (EAFE) will make their trading debut at CBOE next week – Tuesday, April 21st.  These new products will give money managers an efficient method for managing risk exposure to equity markets outside the U.S. [...]

  • VIX | Blogging Options | Trader Talk | Apr 17, 2015, 11:53 AM

    CBOE Mid-Day Update 4.17.15

    CBOE Mid-Day Update 4.17.15

    Volatility as an asset class General Electric (GE) is recently up 9c to $27.37 after reporting Q1 operating EPS 31c, consensus 30c. April weekly call option implied volatility is at 21, May is at 16, June is at 17; compared to its 26-week average of 18. Honeywell (HON) is recently down $2.48 to $101.51 after maintaining lower its revenue outlook on a cautious view of the global economy. May call option implied volatility is at 16, June is at 15, September is at 17; compared to its 26-week average[...]

  • Technical Analysis & Charts | VIX | Futures | Apr 17, 2015, 9:51 AM

    Weekly Market Commentary 4.17.15

    Weekly Market Commentary 4.17.15

    There was some positive action this week, but in the end it's still a trading range market.   $SPX moved to the high end of the range almost challenging the all-time highs, but it could not break out on the upside.  There has been some improvement in the status of the other indicators, but unless $SPX can break out to the upside, it will not really matter. Equity-only put-call ratios remain on buy signals, as their 21-day moving averages continue to drop nearly every day. Market breadth[...]

  • VIX | Blogging Options | Trader Talk | Apr 16, 2015, 11:40 AM

    CBOE Mid-Day Update 4.16.15

    CBOE Mid-Day Update 4.16.15

    Volatility as an asset class Philip Morris (PM)) is recently up $5.91 to $84.05 on better than expected Q1 results and outlook. April call option implied volatility is at 23, May is at 84, June is at 13, September is at 14; compared to its 26-week average of 17. Blackstone (BX) is recently up 81c to $41.84 on the asset manager reporting Q1 profit more than doubling. May and June call option implied volatility is at 18; compared to its 26-week average of 24. BlackRock (BLK) is recently down $6.95[...]

  • VIX | Blogging Options | Trader Talk | Apr 16, 2015, 7:58 AM

    Blogging Options: CBOE Morning Update 4.16.15

    Blogging Options: CBOE Morning Update 4.16.15

    Financial stocks doing well this morning on very good earnings, but markets watching European markets for direction.  DAX off ~1.6%, Oil nearing a 2% drop.  Housing Starts in March with a big miss, Weekly Claims rise. Blackhawks with double-overtime, come-from-behind win (game ended 11:25pm last night) has traders looking a little groggy this morning. VIX Futures with 13,500 contracts traded in extended overnight session.  Watch Europe.  Volatility as an asset class Netflix (NFLX)[...]