With the SPX making a new all-time high today, how has the vol market reacted in the past week? Equity implied volatility is back near the 52 week lows in the U.S., while global equity …
Continue readingBrian Kelly
Calmer markets have returned. Even though it’s been a low volatility environment for essentially all of 2013, the correlation of volatility has been quite high. That’s to say, vol has risen together for most asset …
Continue readingVolatility in all asset classes finally spiked higher for the first time in 2013. Commodities had been jittery for weeks now, and I kept commenting in this space that I was surprised at how low …
Continue readingIn the last week, the Nikkei is up about 10% while the Yen is down 7%, huge moves once again in Japanese assets. Not surprisingly, implied volatility in Japanese financial markets continues to be priced …
Continue readingAs the market struggles for direction (SPX has closed within 20 points of 1550 for the past month), implied volatility is not moving much either. Last week saw a rise in European assets’ implied volatility, …
Continue readingI mentioned in yesterday’s VIX Futures Snapshot that European asset volatility had increased in the past week, while U.S. volatility measures were still near the lows of the year. Euro Stoxx 50 and DAX index …
Continue readingAfter hitting new lows last week, the market has gotten a bit more jittery in the past week across all asset classes. But just a bit. 3 month implied volatility is still near the lower …
Continue reading3 month Implied Volatility has hit new 52 week lows for multiple assets in the past week. Not surprisingly, the SPX index IV is now at new lows for the year (and for the past …
Continue readingWith the equity markets around the world recovering to new highs or close to new highs, seeing equity volatility back near the lows of the year is no major surprise. But the low implied volatility …
Continue readingThough the vol market globally has been on a roller coast in the past week, the implied vol levels for practically all major asset classes globally are very close to the same spot as they …
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