The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, The Option Pit VIX Traffic Light is red, telling me that volatility is likely to drop … Or is it? My light has been glaring red the last few days … Today was different. The S&P 500 (Ticker: SPX) was…
The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, Volatility had a soft day on Monday. With the weekend effect taken into account, I have the real movement in the VIX down about 0.70. Volatility futures, though, got SLAMMED. Take a look at the across-the-board drop in the futures…
The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, One of the questions I am getting a lot right now is: “Is it too late to get short VIX?” I mean, VIX is all the way down to 15, so it must be too late … right? Wrong. Here…
Hey Traders, There’s about to be a new VIX ETP on the block … But how “new” is it, really? The SEC gave the go-ahead for two new VIX ETF’s to begin trading … But for those of you who remember “Volmageddon” in 2018, these “new faces” might look pretty familiar … In fact, except…
The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, VIX closed at 15.01, its lowest close since the pandemic began. This is big news, but it might only be the beginning … Yes, we are in the midst of earnings season, but the VIX does not seem to care.…
The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, The VIX October expiration happened on Wednesday, settling at a post pandemic low of 15.35. Now that November is the front month … With the VIX in the 15’s … What is a trader to do? Here is the plan…
The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, Wednesday morning October VIX futures expire. As we head into November there is a huge question: is VIX going to 12 … Or back to 20? The VIX has been stubbornly above 15 for 19 months now. Believe it or…
The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, Yesterday I told you about two trades that you could look at into tomorrow’s VIX expiration. These options did not go unnoticed … Heading into expiration, VIX October options are extremely active. Here is what is going on … If…
The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, The VIX October future expires on Wednesday morning. Heading into expiration, I can see some interesting expiration plays that could be nicely profitable. As we head into October expiration, this month is shaping up to be potentially a new settlement…
The Option Pit VIX Traffic Light is Red: Volatility Could Fall Further. Hey Traders, Technically, the light went red on Thursday morning, but I do not like to switch things until after the close. Why? Because we have seen A LOT of VIX intraday turnarounds, along with the S&P 500 (Ticker: SPX). But we are…