VIX Archives - CBOE Blogs

  • VIX | Blogging Options | Trader Talk | Mar 17, 2015, 11:59 AM

    CBOE Mid-Day Update 3.17.15

    CBOE Mid-Day Update 3.17.15

    Volatility as an asset class CBOE Interest Rate 5 Year Note (FVX) is recently down 1.1% to 15.51 into Wednesday’s FOMC policy meeting decision CBOE Interest Rate 10-year T-Note (TNX) is recently down 1.9% to $20.59 compared to its 10-day moving average of 21.27. CBOE 30-Year Treasury Bond (TYX) closed is recently down 2.3% to 26.16; compared to its 10-day moving average of 27.14. CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (VXTYN) down 0.51% to 5.80 cboe.com/VXTYN CBOE EuroCurrency[...]

  • Technical Analysis & Charts | VIX | Education | Mar 16, 2015, 1:30 PM

    Between A Rock & A Hard Place - Weekly Market Outlook

    Between A Rock & A Hard Place - Weekly Market Outlook

    The third weekly loss in a row has brought the broad market down 2.4% from its recent peak.  In the grand scheme of things, it's not much... not even enough to call a full corrective move.  Even so, there are glimmers of hope that the selloff has run its full course (though bear in mind the short-term momentum is technically near bearish). The good and the bad are dissected below, right after a quick examination of last week's economic news and a preview of this week's economic[...]

  • VIX | Blogging Options | Trader Talk | Mar 16, 2015, 11:52 AM

    CBOE Mid-Day Update 3.16.15

    CBOE Mid-Day Update 3.16.15

    Volatility as an asset class Procter & Gamble (PG) is recently up $1.64 to $83.46 on weighs deal for beauty brands, Bloomberg reports. March call option implied volatility is at 20, April and March is at 15; compared to its 26-week average of 15. Proshares UltraShort Barc 20 Year Treasury ETF (TBT) is recently down 90c to $43.82 into the FOMC policy meeting decision on March 18. March call option implied volatility is at 44, April is at 31, June is at 29; compared to its 26-week average of 26. Life[...]

  • Market News | VIX | Trader Talk | Futures | Mar 15, 2015, 8:15 AM

    The Week in Small Caps - 3/9 - 3/13

    The Week in Small Caps - 3/9 - 3/13

    Small cap stocks continue to shine relative to large caps. The Russell 2000 was up 1.2% last week while the S&P 500 actually lost value. The perceived risk for investing in large cap stocks rose last week with VIX climbing over 5%. It was a different story for the CBOE Russell 2000 Volatility Index (RVX) which was higher, but only by 0.62%. Also, the front three month futures contracts actually lost value last week. The wide spread that was common between RVX and VIX for most of 2014 has not[...]

  • Market News | VIX | Trader Talk | Futures | Mar 14, 2015, 4:15 PM

    The Week in VIX - 3/9 - 3/13

    The Week in VIX - 3/9 - 3/13

    VIX rose just over 5% to finish the week at 16.00. This occurred as the S&P 500 lost just under 1%, but put up the third losing week in a row which has some market observers scratching their heads as to just what the heck is going on. The feeling is that VIX should be higher with the stock market working lower. The curve above still has April and the farther months somewhat elevated relative to the index. It could be the consensus is that we have smooth sailing for the near term,[...]

  • Market News | VIX | Trader Talk | Futures | Mar 14, 2015, 12:28 PM

    The Week in Volatility Indexes and ETPs - 3/9 - 3/13

    The Week in Volatility Indexes and ETPs - 3/9 - 3/13

    The S&P 500 dropped for the third consecutive week with the reaction from the S&P 500 volatility term structure chart being a slight shift to the upside. I altered the term structure graphic that appears below to show where we are right now compared to recently history. My definition of recent history is the average VXST – VIX – VXV – VXMT curve is the average in 2014. What I’ve highlighted here is the spread between the closing levels on Friday and the[...]

  • Market News | VIX | Trader Talk | Mar 13, 2015, 3:00 PM

    The Weekly Options News Roundup – 3/13/2015

    The Weekly Options News Roundup – 3/13/2015

    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 Whole New World Earlier this week, CBOE announced that its first two MSCI Index options -- the MSCI Emerging Markets Index (option ticker: MXEF) and the MSCI EAFE Index (option ticker: MXEA) -- will launch on April 21, pending regulatory approval.  Customers will have the opportunity to efficiently gain exposure[...]

  • Market News | VIX | Blogging Options | Trader Talk | Mar 13, 2015, 12:30 PM

    CBOE Mid-Day Update 3.13.15

    CBOE Mid-Day Update 3.13.15

    WTI & Brent continue lower, pressuring stocks.  U of M Confidence for March drops to 91.2% from 95.4% in February.  117K VIX Futures and 10 million option contracts trade by mid-day.  SPX with 550K and VIX options show 215K change hands.  Euro below 105, Rig count drops for 14th week in a row.  Volatility as an asset class: Energy Select Sector SPDR (XLE) is recently down 0.81 to $74.10 as WTI trades below $47. March call option implied volatility is at 25, April and[...]

  • VIX | Blogging Options | Trader Talk | Mar 12, 2015, 12:28 PM

    CBOE Mid-Day Update 3.12.15

    CBOE Mid-Day Update 3.12.15

    Volatility as an asset class Volatility has increased for currencies as the euro trades near a 12-year low. Euro Currency Trust (FXE) is recently up 79c to $104.45.  March weekly call option implied volatility is at 21, March is at 16, April is at 12, June is at 10; compared to its 26-week average of 10 according to Track Data, suggesting large near term price movement. PowerShares DB US Dollar Index Up (UUP) is recently down 16c to $26.20. Overall option implied volatility of 10 compares to[...]

  • VIX | Blogging Options | Trader Talk | Mar 11, 2015, 12:43 PM

    CBOE Mid-Day Update 3.11.15

    CBOE Mid-Day Update 3.11.15

    Volatility as an asset class Express (EXPR) is recently up 36c to $15.31 after the retailer reported better than expected Q4 results and outlook. March call option implied volatility is at 42, April is at 36, July is at 38; compared to its 26-week average of 46. Mastercard (MA) is recently down $1.24 to $87.60 after 12.773M share Spot Secondary priced at $86.85. March call option implied volatility is at 23, April is at 21, May is at 22; compared to its 26-week average of 22. SanDisk (SNDK) is recently[...]

  • VIX | Blogging Options | Trader Talk | Mar 10, 2015, 11:50 AM

    CBOE Mid-Day Update 3.10.15

    CBOE Mid-Day Update 3.10.15

    Volatility as an asset class Barnes & Noble (BKS) is recently down $2.09 to $22.77 on the bookseller sees FY15 retail SSS declining in low-single digits.  March call option implied volatility is at 39, April is at 38, July is at 37; compared to its 26-week average of 42. EMC (EMC) is recently down 60c to $27.26 on the information storage company sees EPS growth accelerating to double digits in 2018. March weekly call option implied volatility is at 30, March is at 24, April is at 23, July[...]

  • Market News | VIX | Blogging Options | Trader Talk | Mar 10, 2015, 8:00 AM

    Blogging Options: CBOE Morning Update 3.10.15

    Blogging Options: CBOE Morning Update 3.10.15

    After yesterday's nice rally, we give it all back.  US Dollar hitting 12-year high (1.076 vs EUR) push Asian shares lower, with European stocks off over 1%. Brent Crude off 1.3%, Gold flat, Grains lower.  + 16 K VIX Futures trade in early hours session. JOLTS Surver after the opening.  Volatility as an asset class: Qualcomm (QCOM) is up $1.43 to $74.10 in the premarket following its increase in capital return programs, including a $15B stock buyback authorization and dividend raise.[...]

  • VIX | Blogging Options | Trader Talk | Mar 9, 2015, 12:03 PM

    CBOE Mid-Day Update 3.9.15

    CBOE Mid-Day Update 3.9.15

    Volatility as an asset class General Motors (GM) is recently up 94c to $37.47 after the company settled a potential proxy battle with an investment group led by Harry Wilson by agreeing to return more cash to shareholders. March weekly call option implied volatility is at 27, March is at 26, April is at 25; compared to its 26-week average of 25. McDonald’s (MCD) is recently up 62c to $97.76 after posting a worse than expected drop in February sales. Same-store sales decreased 1.7% worldwide,[...]

  • VIX | Blogging Options | Trader Talk | Education | Mar 9, 2015, 8:00 AM

    Blogging Options: CBOE Morning Update 3.9.15

    Blogging Options: CBOE Morning Update 3.9.15

    Macerich up $5 on takeover bid.  GM announces a $5 Billion buyback. MCD February Sales disappoint.  Overseas stocks mixed to lower.  Volatility as an asset class: RTI International (RTI) is up $12.72 to $40 in the premarket, the supplier of titanium and specialty metal products and services for the commercial aerospace, defense, energy and medical device markets will be purchased by Alcoa (AA) in a stock-for-stock transaction with an enterprise value of $1.5B.  Overall option[...]

  • Market News | VIX | Trader Talk | Mar 8, 2015, 1:09 PM

    The Week in Small Cap Stocks and Volatility - 3/2 - 3/6

    The Week in Small Cap Stocks and Volatility - 3/2 - 3/6

    With the sell off on Friday, the Russell 2000 was down 1.29% while the Russell 1000 lost 1.51% last week. Small cap stocks underperformed large caps in 2014 and many have expected this to carry over into 2015. However, so far the Russell 2000 has held its own and is up 1.06% for the year which is basically in line with the performance of the Russell 1000. In the volatility space the CBOE Russell 2000 Volatility Index was higher gaining just over 7%. RVX is often considered a measure of small cap[...]