In a recent note, Goldman Sachs economist Alec Phillips wonders whether the market is becoming less sensitive to political brinksmanship:
The Market Is as Nervous as Ever About Austerity Fetishism
read more
Bullish Calls Traded in Express, Inc. (EXPR)
Express, Inc. (EXPR) was trading up .34 to 15.18 today. EXPR has been in a tight range the past month with a 52-week high of 26.27.
Midday Unusual Options Activity Update: STZ, MON, YUM, CELG, AOL, TIF, FIO
Implied Volatility Mover and Volume Signals for Tuesday, January 8, 2013
Option Block 211: VIX Apocalypse Redux
Hyperbole? Perhaps, but it was still true. Biggest VIX decline ever.
IB Options Brief: Financial Select Sector SPDR ETF (XLF), Perion Network Ltd. (PERI) & Vera Bradley, Inc. (VRA)
Large Bear Put Spread Initiated On XLF – Today?s Tickers: XLF, PERI & VRA
The S&P Draws a Line in the Sand
After a 5% advance in the last few weeks it appears 1460 is the line in the sand in March futures. My expectation is that we have reached an interim top and prices of equities have started to roll over.
Puts Trade in the iShares FTSE China 25 Index Fund (FXI)
Shares of the iShares FTSE China 25 Index Fund (FXI) are down .84 to 40.45. FXI is trading near its 52 week high.
VIX Call Spreads Trade
The CBOE Volatility Index (VIX) is trading up .35 to $14.14. VIX is trading near one-month lows.
Reminder NEVER BUY VXX
Yet again I spoke to some unknowing trader that is worried about volatility rallying in the next few months. The trader suggested he buy VXX to hedge his portfolio.
Morning Futures Roundup
End of Pain in Sight for Gold?
Unusual Options Activity Review: LVS, SWKS, KOG, VOD, LO, CREE, LNG, COCO, DJX, XHB
Unusual Options Activity Review for Monday, January 7, 2012
CBOE To Offer Customized Options Pricing Service
CBOE announced plans to launch its Customized Option Price Service (COPS) on January 14.