Understanding Time to Expiration in Options

Understanding Time to Expiration in Options   Understanding Time to Expiration for Options is one of the great misunderstood inputs in the Black-Scholes Model.  The option goes through a metamorphosis not unlike a butterfly, no pun intended. Larva, does not move much, Caterpillar, moves some, Butterfly, moves a whole lot Phases of Options The Time […]

$VVIX moves to a 6 month high

$VVIX moves to a 6 month high $VVIX is moving to 6 month highs and could move to 12 month highs.  In order for it to do that we would need Volpocalypse 2 to unfold before our very eyes.  With XIV and SVXY not running for the exits anymore this 1 week doubling of $VIX […]

$VXX will go down, it is only a matter of when

$VXX will go down, it is only a matter of when   $VXX will go down, it is only a matter of when.  That was a response to a Tweet on last night’s blog and I agree with it.  I don’t know how useful that is for generating trade ideas but history says it is […]

How to tell where the $VXX will go?

How to tell where the $VXX will go?   $VXX is going to move somewhere.  That is for sure.  Just last week around this time the ETN was hovering about $26 and going nowhere fast.  The VIX October future premium was huge, the highest if not the highest level in 2018 for this close in […]