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GLD Vol Starting to Get Dirt Cheap Again

A while back when GLD was trading between 165-175 the IV of the options started to get silly cheap.  The GVZ, which is the VIX of GLD options, go to the point where it made almost no sense to sell options.  ATM IV too cheap,  skew too flat,  basically,  everyone wanted to sell puts to get long GLD and to sell calls against their long GLD.  Well take a look at GLD vol is currently trading:

GLD.png

Livevol (r) www.livevol.com

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Putin' on the Vol

Don't miss our Saturday class in March- How to sell puts in an ugly market.

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RVX is Probably Cheap

While most coverage in the media is done on SPX and DJIA,  the really interesting index over the last few weeks is actually the RUT.  Take a look at the upward momentum in that index.  Also, take a look at how fast that movement has been.  It's incredible.  At the same time the RUT IV is going no where.  Take a look:

Chart - ^RUT - Russell 2000 Index Livevol_window_screenshot.png

LivevolX (R) www.livevol.com

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FB closes at a record high

Don't miss our Saturday class in March- How to sell puts in an ugly market.

While the market waited for NFP numbers to come out on Friday, the Fed declared the subzero temperatures as a drag on the economy.  Unless you were selling de-icer or coffee during February, they were probably right.  A little milestone kicked in today, in case you were not watching; FB closed at an all-time record just shy of the intraday high.  Last year folks were wondering if this was the worst IPO in history, and this year they might be wondering when FB gets to $100.

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Putin blinks, for now

Don't miss our Saturday class in March- How to sell puts in an ugly market.

What a difference a day makes…

I guess the Russians not invading the Ukraine is enough for new all-time highs in the SPX.  I have not gotten in the way of this market yet, and will not start now.  The thing I am looking for is what is on the horizon that will make IV move next.  Most likely that is the employment numbers this week.

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Room for SPX and EEM IV to Go Higher

Don't miss our Saturday class in March- How to sell puts in an ugly market.

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Super PLUG Power

 

Don't miss our Saturday class in March- How to sell puts in an ugly market.

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VIX Futures Think Current Levels are Fair

Don't miss our Saturday class in March- How to sell puts in an ugly market.

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AAPL Vol Getting Stupid Cheap Again

Don't miss our Saturday class in March- How to sell puts in an ugly market.

Every so often, typically a few weeks after AAPL earnings, traders go a little overboard in selling AAPL option premium.  Well,  it's been a few weeks since AAPL earnings,  and traders have sold AAPL IV down to stupid cheap levels...again.  Take a look at a chart of VXAPL (the VIX of AAPL).

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VIX Still Firm...Scary

Don't miss our Saturday class in March- How to sell puts in an ugly market.

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