MorningWord 1/03/13: Just as most traders earlier in the week were eyeing the 1400 level in the SPX and the 200 day moving average on the downside at ~1390 as support, the market catapulted nearly 5% …
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On a big day in the broader market, the single stock options market was relatively quiet. Only a few tickers dominated the volume. BAC – Continues to be the most active options name. The Jan13 …
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The past week in the VIX has been quite the roller coaster. Here is the 1 year chart to show the rapid nature of the recent fall: The VIX has hit 15 many …
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MorningWord 1/02/13: The shenanigans in Washington over the last few months remind me a bit of my second semester senior year in college that started off with me doing a whole lot of nothing (good …
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MorningWord 12/31/12: The New Years Eve trading session is normally a bit of a quiet session with not a ton relevance, but today, with just six and a half hours left to trade in 2012 …
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I’m pumped to be back at my desk writing again after a one-week restful break. Though I haven’t been writing, I’ve been closely following the developments in the market, particularly because of the price action …
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VIX price action surprised everyone yesterday. Even when the market was close to unchanged midday, VIX spot was up almost a point. Some of that can be attributed to the monthly roll, as Dan mentioned …
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With the markets generally sanguine about the potential outcome of the “fiscal cliff” negotiations in Washington, my thought is too take the other side of the general near term complacency as we head into the …
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The SPX index is up about 1.25% in the last week. Yet, VIX futures are close to unchanged in that time (and VIX spot is actually slightly higher). That’s rare price action, especially with the …
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The SPX index is up about 1.75% in the last week, and we’ve seen the entire VIX futures curve come down as the market has rallied. Today’s Fed meeting announcement has actually caused very little …
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