The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast, online and social media outlets.
VIX: Overnight Access Granted
CBOE announced this week that it will begin overnight dissemination of the CBOE Volatility Index next month, enabling market participants to “view volatility during that period through the same lens used in regular U.S. trading hours.”
“CBOE Extends VIX Index Overnight for Non-US Firms” – Luke Jeffs, FOW
Coming Soon… “Wednesday Weeklys”
CBOE announced this week it plans to list SPX Wednesday-expiring Weeklys options beginning February 23. The new contracts will increase opportunities to trade SPX. The Wednesday expirations also align with VIX Weeklys futures and options expirations, providing flexibility for customers who use both SPX and VIX product suites.
“CBOE Set List SPX Wednesday-Expiring Weeklys Options” – John D’Antona Jr., Traders
“CBOE to List SPX Wednesday-Expiring Weeklys Options” - Hedgeweek
CBOE has made a majority investment in Vest Financial, a company that provides investors with options-based investment advisory services through packaged products and develops technology solutions for options-based investments.
“CBOE Acquires Majority Equity Investment in Vest Financial” – Jeff Patterson, Finance Magnates
VIX FIX: Volatility See Saw
Markets have been teetering for most of the week, with triple digits gains on one day and triple digit losses another. The drop in oil prices, continued concern over the Chinese economy, coupled with lack of direction on interest rates, seem to be the cause of the most recent market turmoil. Are these macro events pointing to a long road of volatility ahead?
“Profit from VIX to Play March FOMC Meeting” – Steven Sears, Barron’s
“How to Play This Buying Opportunity” – Todd Salamone, Schaeffer’s Investment Research
“Goldman Sachs: VIX/S&P Correlation Off, New Volatility Range Ahead” – Mark Melin, Value Walk
“The Market Expects More Volatility for Some Time to Come”
Russell Rhoads, Yahoo Finance
February 2, 2016