VIX… Duh!
I’m opening the doors to you today! See behind the curtain of my newest product, “Little John.” I’m going to show you the whole technology and process, PLUS do a trade LIVE! Get in here … On a day where VIX was nearly down 100 points at one point, I was interested in the VIX.Why? Institutional traders […]
AAPL “Anomaly”
Hey options traders! Next week is THE earnings week. Companies reporting: MSFT on the after market close on the 27th… …then AAPL, AMZN, FB, GOOGL/GOOG ALL REPORT at market close on the 29th. That represents about 15% of the S&P 500 all in one day, and close to 35% of the QQQ. Looking at the […]
Did Volatility Break?
Hey traders, If you have checked out the stock CBOE over the last couple of months, you’ll notice that the trend is NOT that stocks friend. Why? Because trading of structured volatility products is in the absolute toilet. Even as the VIX has held above 25 since February (sans a day here or there). Given…
Is FAANG Over?
For the last year I have noted that QQQ vol was vastly out pacing the implied volatility of the SPY. We noted this in the relationship between the VOLQ and the VIX itself. That trade appears to be unwinding as long VIX and short VLQ futures would be working right now.
VIX Light Flashed Red!!
Hey traders! At the end of last week, things seemed to be running out of gas. The VIX futures were getting DESTROYED… …my VIX light was flashing red. And I was about to get a change in signals… However, there were signs that maybe this VIX crush was to be short lived…. Noticeably the VVIX. […]
VIX Fears Election…Yikes!
For the last 6 months the VIX complex has been fearing the US Presidential Election. Shocker here: The market, I think, does not really care about who wins. In general I think both candidates are not seen as ‘bad’ for stocks. What the market WAS worried about was a lack of resolution surrounding the election. While the […]
Cheap Options Inside
While it appears the VIX is heading back to 26 or 27. That does not appear to be the case for some volatility indexes. Take a look at VOLQ: The new QQQ ATM (at-the-money) Vol index shows a clear sign that the implied volatility for ATM options in the QQQ has been trending up over […]
New Nasdaq News!
The Nasdaq is going to be listing a new set of futures: VOLQ VOLQ is kind of like VXN but there are subtle differences. VOLQ uses the at the money options and VXN incorporates the entire options curve. Back in the day, before the VIX was a tradable product, the VIX was actually based on […]
Nasdaq Is Hiding This…
Hey there traders, One thing I always say is that implied volatility is relative. What might seem like ‘low volatility’ could be extremely high if the underlying won’t move. On the flip side, if the underlying is running around like mad, historically high implied volatility might be too cheap. Looking at the major ETFs, there […]
Dow Is Whispering To Us
Hey Traders! The NDX had a terrible Thursday, although it was off its lows by the end of the day. It was the VIX that gave an interesting clue though… The SPX also had a bad day, at one point, SPX threatened to be down 2%. In the end the index closed down JUST under […]