While the big news around Option Pit Mentoring is the VIX closing below 12 again, SPX is not the only major product with IV in the toilet.
GLD Vol Also In the Toilet
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VIX Curve is Steep
One of the things most options traders watch is what the VIX curve looks like.
Like the SPX? Buy Calls, Hate it? Buy Puts
The SPX is right near its all time high, not fundamentally important.
Selling a BA Put Spread
Mark Sebastian was on Bloomberg TV discussing BA option trading ahead of an upcoming NTSB decision on the 787 Battery.
KMB Option IV Is Sky High
The entire Consumer Cyclical sector is killing right now.
Has VIX Gotten Too Cheap?
One of the interesting things to watch, and one that I think shows how jittery this market is despite the rally, is the actual volatility of the VIX.
PCLN Earnings Iron Condor
Yesterday, on Bloomberg TV I discussed an iron condor trade on PCLN into earnings.
Is VIX Activity a Hedge or an Ominous Sign?
As Bill Luby reported on his blog VIXandMore. VIX option volume and call volume both set records today. Which leads us to this question? Why?
Is It Time to Buy NDX Vol?
One of the things we concentrate on in our option mentoring is trading indexes. There is plenty to be made in the index space, typically on the short premium side.
Looking at Leveraged Buy-Outs via the Blackstone Group
If there are traders who doubt that 2013 and possibly 2014 are going to be a good year for LBO?s, I think a customer buying BX Jan 2015 calls would like to have a word with you.
Two Buy-Writes in Morgan Stanley
MS has been one of the leaders in the financials, along with Goldman Sachs. Traders are betting that the rally may continue. MS was trading just over 24, with an IV of 27.75
Is Earnings Pop in AVP the Beginning of a Rally?
AVP, Avon Products, the door to door seller of makeup and skin care had a nice pop on earnings. It appears that customers think that a continued slow rally may occur.