VIX Archives - CBOE Blogs

  • Market News | VIX | Blogging Options | Trader Talk | Jan 29, 2015, 7:35 AM

    Blogging Options: CBOE Morning Update 1.29.15

    Blogging Options: CBOE Morning Update 1.29.15

    US Stock Futures rallying after a few tough previous sessions.  Weekly Claims dropped sharply to 265K.  Overseas equities lower with FTSE sliding 0.8%.   MCD announces new CEO.  QCOM beats but guides lower.  Jeff Gundlach and Bill Gross with bearish comments.  17.6 mm option contracts yesterday. Volatility as an asset class: Alibaba (BABA) is down $5.45 to $93 in the premarket following Q3 results. January weekly call option implied volatility is at 117, February[...]

  • Market News | VIX | Blogging Options | Trader Talk | Jan 28, 2015, 1:46 PM

    CBOE Mid-Day Update 1.28.15

    CBOE Mid-Day Update 1.28.15

    Stocks soften on Hawkish FED & Yellen remarks. Crude trades at 6-year low, with WTI under $44.50.  10-year drops 9 basis points to 1.73.  Options volume pretty average. Boeing (BA) is up $7.95 to $140.55 on better than expected Q4 results and light guidance. February, March and April call option implied volatility is at 17; compared to its 26-week average of 19. US Steel (X) is up $2.73 to $24 on better than expected Q4 results and outlook.  February call option implied volatility[...]

  • VIX | Blogging Options | Trader Talk | Jan 27, 2015, 12:03 PM

    CBOE Mid-Day Update 1.27.15

    CBOE Mid-Day Update 1.27.15

    Volatility as an asset class Polaris Industries (PII) is recently up $4.81 to $146.18 on better than expected Q4 EPS $1.98 of and 2015 sales guidance of up 9%-12%. February call option implied volatility is at 23, March is at 22, June is at 23; compared to its 26-week average of 28. Freeport McMoRan (FCX) is recently down $1.08 to $18.46 after reports Q4 adjusted EPS 25c, consensus 35c. February call option implied volatility is at 47, March is at 45, May is at 43; compared to its 26-week average[...]

  • Market News | VIX | Blogging Options | Trader Talk | Jan 27, 2015, 8:10 AM

    Blogging Options: CBOE Morning Update 1.27.15

    Blogging Options: CBOE Morning Update 1.27.15

    17,8  s 9   v 430 Ugly day on Wall Street - not the weather, earnings.  Several DJIA components have reported, with earnings missing and guidance lowered.  Durable Goods for December showed a surprising 3.4% drop (rise if 0.4% expected), X-transports --0.8% (+0.5% expected) and November revised sharply lower.  US stock futures had shown the DJIA opening down 200 points, after the Durables maybe 300 points.  Bonds rallying. 25K VIX futures trade in early session. [...]

  • VIX | Blogging Options | Trader Talk | Jan 26, 2015, 12:49 PM

    CBOE Mid-Day Update 1.26.15

    CBOE Mid-Day Update 1.26.15

    Volatility as an asset class Shares of solar energy companies are rising after President Obama yesterday promised to provide financial support for India's major solar energy initiative. First Solar (FSLR) is recently up $1.38 to $43.88. Overall option implied volatility of 52 compares to its 26-week average 48. SunEdison (SUNE) is recently up 75c to $20.10. Overall option implied volatility of 52 compares to its 26-week average 54. Canadian Solar (CSIQ) is recently up 82c to $20.12. Overall option[...]

  • Technical Analysis & Charts | VIX | Jan 26, 2015, 10:00 AM

    The Fed, Earnings Season & GDP - Weekly Market Outlook 1.26.15

    The Fed, Earnings Season & GDP - Weekly Market Outlook 1.26.15

    Despite Friday's lull, the market took a pretty big bullish step last week, following through on the reversal hints it was dropping before the three-day weekend. It's still not over its biggest hurdles, but at least it's not knocking on the door of a rather serious breakdown. On the other hand, the hurdles ahead are very big, and backed by stress-inducing fundamentals. We'll take a technical and fundamental look below. Let's first paint some broad brush strokes with last week's economic numbers and[...]

  • Market News | VIX | Trader Talk | Education | Futures | Jan 24, 2015, 10:06 AM

    The Week in Volatility Indexes and ETPs - 1/20 - 1/23

    The Week in Volatility Indexes and ETPs - 1/20 - 1/23

    Last week was another roller coaster ride for the equity market and subsequently the volatility markets. The VXST – VIX – VXV – VXMT volatility curve shifted back into contango and shook off a mild market drop on Friday to stay that way. With VIX having a 16 handle, I am beginning to wonder if traders are reaching an exhaustion point from reacting to dramatic down days in stock prices. The long volatility funds such as VXX had a tough week losing around 9%, again despite[...]

  • Technical Analysis & Charts | VIX | Trader Talk | Futures | Jan 23, 2015, 3:30 PM

    Weekly Market Commentary 1.23.15

    Weekly Market Commentary 1.23.15

    The market continues to be volatile, with $SPX bouncing from support at 1990 to resistance at 2065 swiftly in the past four days.  Outside of that range, there is further support at 1975 (the October lows) and resistance at 2090 (the all-time highs).  As a result, the $SPX chart remains neutral at this time. Equity-only put-call ratios turned bullish in early January, and the standard ratio remains on a buy signal (barely) at this time, even though the 21-day moving average has curled[...]

  • Market News | VIX | Trader Talk | Jan 23, 2015, 3:15 PM

    The Weekly Options News Roundup – 1/23/2015

    The Weekly Options News Roundup – 1/23/2015

    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. Building on the Momentum By any measure, 2014 was a successful year for CBOE, as the exchange experienced record trading volume, expanded its product line, broadened access to its marketplace and continued to enhance its educational efforts.  CBOE looks to build on this momentum in 2015. “CBOE Reports Record[...]

  • VIX | Blogging Options | Trader Talk | Jan 23, 2015, 2:10 PM

    CBOE Mid-Day Update 1.23.15

    CBOE Mid-Day Update 1.23.15

    Volatility as an asset class Honeywell (HON) is recently up $3.58 to $102.96 on the diversified company sees short cycle improvement and long cycle momentum. February call option implied volatility is at 16, March is at 14, June is at 15; compared to its 26-week average of 19. General Electric (GE) is recently up 47c to $24.74 on backing FY15 EPS $1.70-$1.80, consensus $1.76. January weekly call option implied volatility is at 16, February and March is at 12; compared to its 26-week average of 17. McDonald's[...]

  • VIX | Blogging Options | Trader Talk | Jan 22, 2015, 12:00 PM

    CBOE Mid-Day Update 1.22.15

    CBOE Mid-Day Update 1.22.15

    Volatility as an asset class United Continental (UAL) is recently up $2.37 to $71.54 on the airliner sees generating 'far better' results in 2015. February call option implied volatility is at 45, March is at 43; compared to its 26-week average of 44. Southwest (LUV) is recently up $2.55 to $44.36 on seeing Q1 passenger revenue to grow in line with expected 6% increase. February call option implied volatility is at 34, March is at 33, June at 34; compared to its 26-week average of 31. Alaska Air[...]

  • VIX | Blogging Options | Trader Talk | Jan 21, 2015, 12:31 PM

    CBOE Mid-Day Update 1.21.15

    CBOE Mid-Day Update 1.21.15

    Volatility as an asset class UnitedHealth (UNH) is recently up $2.55 to $108.19 as Q4 results top expectations on revenue growth.  January weekly call option implied volatility is at 29, February is at 20, June is at 20; compared to its 26-week average of 22. Apple (AAPL) is recently up $1.86 to $110.58 into its expected release Q1 results next week. January weekly call option implied volatility is at 35, February is at 34, March is at 31; compared to its 26-week average of 26. Amazon.com January[...]

  • Market News | VIX | Trader Talk | Futures | Jan 21, 2015, 11:07 AM

    Block Trade - Yesterday's Buyer of VIX Jan 20 Calls

    Block Trade - Yesterday's Buyer of VIX Jan 20 Calls

    Yesterday as the trading day got started I heard a shout to my right (which is the direction of the VIX pit) as a big trade came into the VIX arena. It turns out all the hubbub was about a buyer of 80,000 VIX Jan 20 Calls who paid 0.75 for 8,370 and 0.80 for 71,630 of those options. Being the day before January VIX settlement this trade was a bit of a surprise, but also got a lot of attention. Later in the day, with VIX higher, a (maybe the same?) buyer returned purchasing about 70,000 of the VIX[...]

  • Market News | Technical Analysis & Charts | VIX | Education | Jan 20, 2015, 3:00 PM

    Volatility Remains A Concern - Weekly Market Outlook

    Volatility Remains A Concern - Weekly Market Outlook

    After five straight days of losses for the market, even Friday's big gain wasn't enough to leave the market higher for the week.  That makes the third consecutive week of lost ground for stocks, though there are some hints that the bulls are sensing there's something of a floor materializing near last week's lows (which were pretty well aligned with the previous week's lows). Don't misunderstand that observation - the bulls still have a ton of work to do if they want to convincingly put the[...]

  • Market News | VIX | Education | Futures | Jan 20, 2015, 1:00 PM

    VIX January Settlement Reminder: Wednesday 1.21.15

    VIX January Settlement Reminder: Wednesday 1.21.15

    Settlement Reminder: Today, Tuesday January 20th is the last trading day for January in the following: VIX, RVX, VXN, GVZ, OVX, VXEEM, VXEWZ, and VXTYN futures and options. These contracts settle tomorrow, Wednesday morning, January 21st. We will post the settlement values when they are released tomorrow morning.