Beginning with Monday’s gold market crash, came record trading in VIX futures, options and Gold volatility contracts. Factor in the Boston bombings and weak corporate earnings, volatility has moved to the front of the conversation this week.?
And we still have two more trading days left.?
On Wednesday, the VIX closed at 16.51, up 18.27%. This follows Tuesday’s close of 13.96.
Financial pundits and reporters have brought out the volatility stories and here’s some of Wednesday’s highlights.?
The Options Insider
Unusual Options Activity Update: .VIX, FXI, S, SLM, SNDK, CRUS, OIH:?VIX makes the list as it rallied 17.68% at one point during the trading day.
ConvergEx’s Colas: VIX Would Be Double Its Current Level If “Normal Times”: Nicholas Colas, chief market strategist at ConvergEx, maintained if these were “normal times,” the VIX would be double its current level.?
ATM Options Trade in the VIX: The VIX is trading near?the bottom of its 52-week range.?
CNBC
The VIX Is Getting Ready to Take Market on a Ride: After being absent from the marketplace, volatility is back.?
Barron’s
Volatility Bets Seesaw Higher…But You’re Not ‘Holding VIX’: With another down day for?stocks this brings another (rare) win for traders betting on market volatility.
Seeking Alpha
Term Structure A Headwind For Dynamic VIX Hedge: Taking a look at derivatives products tied to the VIX.
MarketWatch
VIX ETFs lag even as fear index spikes: Volatility may be on the rise but ETFs show a different story.
