I have to admit, while I have been expecting the VIX to return to normalcy, I have been shocked at the speed at which it moved down.
VIX Officially Off Steroids
read more
VIX Expectations Versus the Roll Yield Crushing VXX Options
I feel like that title is worthy of a WWF Cage Match special. But really folks, there is something else going on.
When the Time Spread Edge Looks Too Good to Be True
With the SPX closing flat yesterday, I thought it would be interesting to identify other phenomena outside of the big indexes.
Free SPX Gamma? Don't Mind if I Do
To say that IV got oversold yesterday morning is a bit of an understatement.
SPX IV and Price Not Matching Up
In the midst of one of the lowest volume trading days of the year it took little effort to push S&P 500 futures down.
The Inverse IV Move in NFLX
While implied volatility in and of itself is not necessarily an indicator for underlying direction, it does give a good clue to what paper is thinking
What Happened to the VIX?
As many of you know, the VIX got crushed yesterday. While 0.71 may not be seem like a lot. When taken into context of the SPX (down 18), the VIX was off A LOT, probably another 2%.
VIX at a Crossroads…Again
Seven days — that is how many days it had been since the VIX broke 30.
Indicators Pointing Toward SPX Rally Into Euro Meeting
If you didn't get a chance see Jim Cramer of Mad Money, you can watch it on Mark Sebastian's front page. I am going to expand on what he was talking about and briefly point at another couple of indicators I look at.
The Market Screams on Euro News and the VIX Falls (sort of)
There's nothing like a gigantic rally to get the market's juices flowing.
What is becoming of NFLX?
One of the hardest things to figure out is when a stock has changed its "personality."
VIX and SPX may already have Turkey Coma
As the market sold off today, there was a brief period where the VIX's outcome was in doubt…that quickly past and it now appears that VIX is going into Holiday mode already.