The CBOE Volatility Index (VIX) is trading up a .10 to 13.62.? ?VIX is trading near 52-week lows.
Paper traded a block of the VIX Feb 13 Weekly 14/17 put spreads for 1.73 on 25,000 contracts.? The strikes traded over 34,000 contracts so far today. ?Average contract volume is over 500,000 contracts per day in the name.? Open interest is roughly 200,000 contracts for the strikes.? The implied volatility is down -1.3 points in the Feb Weeklys. This paper looks to be a closing trade of a large owner unwinding (selling) a position.
30-day implied volatility is 67%.?? 10-day implied volatility is 142%.? 30-day implied volatility is trading well below the 10 day historical volatility.
The CBOE Volatility Index (VIX) tracks the volatility in the S&P 500 Index options.