Watch This Other Volatility Indicator
The Option Pit VIX Traffic Light Is Green: Volatility Could Go Up. Hey Trader, In spite of my hopes that I would be able to switch the Option Pit VIX Traffic Light to yellow, instead it remains firmly green … As volatility is indeed going up. The VIX futures curve – which was in contango […]
This Is What Was Actually Keeping VIX High
The Option Pit VIX Traffic Light Is Green: Volatility Could Go Up. Hey Trader, The Option Pit VIX Traffic Light is Green, for now … So here is a question … Was this vol pop really about Russia, or was it about something else? Something happened yesterday that had me thinking … Maybe the market […]
Was Yesterday’s Market Pop A One-Off?
The Option Pit VIX Traffic Light Is Green: Volatility Could Go Up. Hey Trader, On Tuesday the market had a nice relief rally … But is that all there is to the market moving higher, one day pop and then right back to selling? The answer might be no. Here’s why … The VIX futures […]
These False Reports Spiked The VIX
Option Pit VIX Traffic Light Is Green: Volatility Could Go Up. Hey Trader, Well, “fake news” sent the market into a tizzy on Monday. On a day where we thought the VIX might actually back off, headlines caused the VIX to blow higher. As the dust settles, though, I see some ‘red shoots’ for the […]
Markets Are Red, The VIX Is Green
The Option Pit VIX Traffic Light Is Green: Volatility Is Likely To Go Up. Hey Trader, Roses are red, violets are blue … But the VIX Light is green … Thanks to Russia and inflation, too. Well, the markets seem to be celebrating Valentine’s Day … Since they are all wearing red! And the Option […]
Mixed Messages In The VIX Pits
The Option Pit VIX Traffic Light is Yellow: Volatility Is Likely To Move Wildly. Hey Traders, Boy, did volatility move wildly on Thursday! The VIX threatened to move down on the day, and then Bullard spoke, and WHOOSH … Option volume exploded! In the morning, it was all puts … But in the afternoon it […]
How To Trade A Post-CPI VIX
The Option Pit VIX Traffic Light is Yellow: Volatility Is Likely To Move Wildly. Hey Traders, Today is exactly why I did not switch the VIX Traffic Light to red … The worse-than-expected consumer price index (CPI) numbers are putting heavy pressure on the markets. And the VIX is reacting … a lot. I said […]
These VIX Options Are A “Buy.”
The Option Pit VIX Traffic Light is Yellow: Volatility Is Likely To Move Wildly. Hey Traders, While the Option Pit VIX Traffic Light is still yellow, it is getting really close to red. If we close with the VIX nicely down on Wednesday, it COULD flip Thursday morning after Consumer Price Index (CPI) data comes […]
Are We Heading For a VIX Restructuring?
The Option Pit VIX Traffic Light is Yellow: Volatility Is Likely To Move Wildly. Hey Traders, The VIX is lower for the third day in a row … though it still remains stubbornly above the 20-handle … With traders looking ahead to Thursday’s consumer price index (CPI) numbers, we may not see any major moves […]
Are The Late-Day Market Moves Bumping VIX?
The Option Pit VIX Traffic Light is Yellow: Volatility Is Likely To Move Wildly. Hey Traders, On Friday, the pattern of market reversals during the final 30 minutes of trading once again repeated itself … And during Monday, we saw this happen yet again … But what is interesting is what is going on in […]