Shares of iPath S&P 500 VIX short term index (VXX) is up 1.11 today.? VXX is at the lower end of the 52-week range.
Today paper traded 5,000 VXX Dec 46 puts for .46.? The ADV is 311,000 contracts.? The OI is 11,000 contracts.
The volume went up in one block lifting the offer.? It not possible whether to tell opening or closing, but the trader is closing a winner or getting short VXX.? Either way, they are betting on not too much farther to climb for VXX.? IV is up 17 points in Dec.
30-day implied volatility is 64%. ? 10-day implied volatility is 32%.? 30-day implied volatility is trading above the 10-day historical volatility.
iPath S&P 500 VIX short term index (VXX) keeps a position in the 30 day forward VIX futures.