March 28, 2013 – Below are the closing values and CBOE microwebsite addresses for eight indexes that hit their all-time daily closing highs today (the last trading day of the quarter) — 236.99 VPD – CBOE VIX Premium Strategy Index www.cboe.com/VPD 234.23 VPN – CBOE Capped VIX Premium Strategy Index www.cboe.com/VPN 158.11 VXTH – CBOE VIX […]
MARCH 26, 2013 –Since the banking crisis in Cyprus began in mid-March, investors have asked – How nervous are the markets in Europe and worldwide? and – How can I manage my worldwide portfolio exposure? Investors now have more tools to track and manage worldwide volatility and portfolio exposure. CBOE offers 20 indexes designed to […]
Both the S&P 500 and NASDAQ-100 were up slightly last week and both VIX and VXN were up as well. That is where the similarity between VIX and VXN action ends. Despite a higher VIX, all VIX futures contracts were lower on the week. It appears that risk farther out on the curve is finally […]
Over the past year, and particularly at times when the CBOE Volatility Index® (VIX®) was below 15, several people have asked me questions such as – Why is the VIX so low? Shouldn’t the VIX be at higher levels, particularly in light of worldwide uncertainties and volatility? An argument could be made that VIX recently […]
This past Friday the S&P 500® Index (SPX) closed at 1517.93, and some investors are asking if now is the time to implement portfolio protection strategies. Over the past decade the SPX Index had its highest daily close of 1565.15 on Oct. 9, 2007, and its lowest daily close of 676.53 on March 9, 2009. […]
Jan. 30, 2013 – Today the CBOE Equity VIX® on Amazon (VXAZN) fell 37.5% – a record one-day fall in percentage terms for the index. VXAZN is designed to measure the expected volatility of Amazon.com (AMZN) stock. The data history for the VXAZN Index goes back to June 2010. A link to spreadsheets is at […]
The S&P reached the 1500 level and then some this week. The interesting action is that VIX and VVIX were higher as well. It’s odd to have the weekly change for all the same color (red or green), but SPX, VIX, and VVIX were all green. VIX held up in a higher S&P 500 market Friday which […]
This week earnings announcements were made after the close of regular stock trading by some key tech companies — IBM and Google on Jan. 22nd, and Apple on Jan. 23rd. Implied volatility indexes related to these stocks experienced big one-day drops the following days – CBOE Equity VIX® on IBM (VXIBM) had a record one-day […]
US equity market volatility has reached levels not seen in some time. The market (for the most part) continues to trade in narrow daily ranges which results in low realized volatility. As the moves are mostly to the upside VIX and VXN have come under some extra pressure. VIX went out Friday at 12.46. Do […]
Total VIX Futures Volume Sets Record for 3rd Month in a Row By Matt Moran
A record 3,220,977 futures contracts on the CBOE Volatility Index® (VIX®) traded during March, exceeding the 3,062,344 contracts traded in February (the previous record) by five percent. March’s VIX futures volume rose by 64 percent when compared to the 1,963,893 contracts traded a year ago. VIX futures have set all-time total volume records for three […]
Education, Futures and Options, VIX, Volatility
Futures and Options, Options, VIX, VSTOXX