“iI looks like they took the vol out of the long weekend last week – which is incredible. Can’t believe they had the stones to do that.” – Mark Sebastian on this episode of Volatility Views.
“We could see 7 billion options contracts this year. That would be insane volume!”
“We’re seeing all of the interesting price action occurring in the overnight session not in the usual market hours. That’s very unusual.”
Do trading floors have an impact on volatility?
“This negative strikes thing is changing how everyone views options and listed products going forward.”
The cure? Market is rallying today off strong results for Gillead’s coronavirus treatment.