VIX PATTERNS
The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to swing wildly On Wednesday, after Tuesday’s ugly trading, I hosted an ‘All Hands on Deck’ session for Option Pit members. During the exclusive session, we looked at stocks, indexes, and bonds. One thing stuck out like a sore thumb, the relationship between realized […]
Wild VIX Moves [VIX Edge]
The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to swing wildly As we said would happen… A really bad CPI number caused the SPX to tank and the VIX to pop. That said, the VIX really did not rally THAT MUCH. A move of 3.40 points might seem like a lot, but […]
Wild VIX Moves [VIX Edge]
The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to swing wildly Hey Traders, The VIX got another drubbing on Thursday closing down 1.03 points to 23.61. This despite what was an extremely volatile day for the SPX: Intraday, the SPX had some serious swings… In about two hours midday, the S&P 500 […]
VIX Crush
The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to swing wildly Hey Traders, The VIX got smoked on Wednesday falling 2.27 points to 24.64. The VIX futures fell almost in lockstep with the index. In the end, the curve looks exactly like it did at the close on Tuesday … just several […]
Slow Grinding Movement Lower for VIX
The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to swing wildly Hey Traders, Friday was ugly for the market. (And its down slightly today, as well.) After appearing to surge higher, the S&P 500 dove lower briefly testing 3900 … before finally closing within a hair of 3925. The VIX on the […]
Another Alternative Reason for the VIX Drop
The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to be wild Hey Traders, After 2 days of VIX underperforming the S&P 500, it finally happened, the S&P 500 started a relief rally. Over the course of two weeks, the S&P 500 gave away 400 points high to low. Thursday saw a huge […]
Another Alternative Reason for the VIX Drop
The Option Pit VIX Traffic Light Is Red: Volatility is likely to be stable or drop. Hey Traders, For the second day in a row, the VIX failed to perform with the S&P 500. On Tuesday, the S&P 500 dropped over 44 points and the VIX was flat… On Wednesday, the SPX dropped 31 points […]
Stay Wild
The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to swing wildly. Hey Traders, The S&P 500 (Ticker: SPX) dropped 44 points on Tuesday … But notice the VIX index: The S&P 500 fell as much as it did, and the VIX index was flat, meaning that volatility actually fell. VIX correlation to […]
Wild VIX Moves
The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to swing wildly Hey Traders, The VIX closed up 0.65 points on Monday to 26.21 … This is basically flat given we have the weekend effect rolled into Monday’s trading. VIX futures actually fell a touch on Monday, even though the VIX went up. […]
Big VIX Move
The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to swing wildly Hey Traders, The VIX popped a bit on Friday moving up 3.78 points to close at 25.56 But, 25.56, is not all that high … It is only pricing in a touch more than 1.5% movement a day… This was on […]