Single stock options were quiet for the most part. One weekly line in the SPY was very active. SPY – The weekly 164 puts traded over 275k on the day, at an average price of $0.24. …
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In 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 …
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Single stock options volume was much more muted relative to options volume in macro instruments for protection, like SPY puts and VIX calls. VIX – Apr VIX expiry is on Wednesday morning, so Apr options dominated …
Continue readingI’ve spoken to many traders recently who have pointed out the strength in bonds. Though they’ve all noticed that bonds are flat in 2 months as stocks are higher, the reactions have been varied. Some …
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The market opened higher on Italian election results until it turned out Berlusconi still had a chance. The S&P 500 hovered around 1500 until it broke it and broke hard. 1) SPY – taking up …
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On a day that saw the lowest SPY volume since 12/24/2012, index ETFs traded a good bit of protection. AAPL – Call to put ratio near 2 today, as the weekly 500 calls traded around 40k …
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So the SPX finally breached the 1500 level this morning, a rare feat for the index over the last 15 years. The debate has heated up in the last week as we’ve neared this level. …
Continue readingTrade Update Dec 10th, 2012: Almost 2 weeks ago when it seemed like the month of December was going to be littered with daily price swings related to the horse-trading in Washington and the dramatic …
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As I wrote about in TMO last night, the option activity that stood out like a sore thumb yesterday involved the SPY Nov 140 puts. That line traded almost 350,000 times yesterday, more than double …
Continue readingI posted the Nasdaq 100 vs. SPX index on Oct. 19th, going back 3 years, and posited that it was evidence that the market had put in a major top. Here is another chart that …
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