Over the last 4 Wednesdays, here was the closing level of the SPX index vs. the current level: 06/05/13: 1608.90 06/12/13: 1612.52 06/19/13: 1628.93 06/26/13: 1606 Incredibly, as much as it feels like the market …
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Interesting move in VIX spot and VIX futures over the last few hours. The VIX had remained elevated this week despite the SPX index advance because of the Fed event today, but we saw VIX …
Continue readingVIX Futures are slightly higher vs. last Friday, after vol quickly compressed on the market rally. But compared to last Wednesday, our last VIX Futures post, the VIX is actually a bit lower. This week …
Continue readingSecond Trade Update, June 13th, 2013: We closed the first half of our VIX structure on Thursday at 1.25, and with the VIX back down to the 17 level, we are going to sell the …
Continue readingWith the VIX above 18, up about 50% from the May 17 low, and the market near a potential bounce/hold level of 1600 on the eve of what could be a fairly binary event tomorrow …
Continue readingVIX Futures are all up between 0.50 and 1 point over the past week as volatility picks up and we have cleanly broken a couple short-term support levels. Here is last week’s snapshot: VIX Futures …
Continue readingWhile it’s been quite a rocky ride in the past week, the SPX index is actually only down about 10 handles from last Wednesday’s close to today. VIX spot is about a point higher than …
Continue readingIn the past week, the SPX is actually still up a couple points, even with today’s massive reversal. However, despite a market that is unchanged since last Wednesday, the VIX has moved higher, as option …
Continue readingNew Trade May 15, 2013: I just wrote about the VIX in my Snapshot post from today, included below. I also traded a VIX structure last month, targeting May VIX, which I plan to leave on …
Continue readingI’ve received many questions in the past 24 hours about why the VIX is going up even as the SPX index continues to make new all-time highs. Here is what I wrote last month in …
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