Anna Paris's blog
Posted by acparis on Thu, 04/19/2012 - 10:40am
Thank you for those of you that attended the Weekly's Part 1 Webinar. Please note that you can register for the next 2 at www.optionpit.com/events. For those that missed it, you can watch the video below. This is a great introduction to Weeklys and why the differe from regular contracts. It will be the base for the next two Webinars.
Also, for those interested in our eBook on synthetics, please go to our facebook page www.facebook.com/optionpit and "like us". After you like us, you will enter your name and email address. Upon entering it, the book will be emailed to you.
Posted by acparis on Thu, 02/16/2012 - 12:27pm
Miss out on the webinar last night? You can watch it for free here!
Posted by acparis on Thu, 01/19/2012 - 2:58pm
If you would like to catch up on Mark and Andrew's webin on "When Not to Use the VIX as an Indicator", click here for the video! You will either need to be signed up for an Option Pit service or a free account to watch this webinar. In this Webinar Option Pit's educators discuss what the VIX is, how it is used, and then the important times not to use it.
We will be having the second free webinar in our using the VIX to trade series. Go to our EVENTS page to register. Also, make sure to read the Option Pit Challenge below:
As I was looking at the VIX trading relative to the SPX, I was struck by a few things:
1. While the VIX really threatened to break 20, it never did. The VIX rallied toward the end of the day, which shows there are some buyers of insurance that are willing to step in and buy insurance with the VIX at 20.00
We will be having the second free webinar in our using the VIX to trade series. Go to our EVENTS page to register.
I know it might sound funny, but it is possible that the first quarter of 2012 could be a really boring quarter. The VIX has normalized and is about to dip below 20%. The SPX isn’t moving at all. SPX IV is now trading at the highest premium to 10 day realized IV that we have seen since April of 2011.
I have to admit, while I have been expecting the VIX to return to normalcy, I have been shocked at the speed at which it moved down. I have been writing for some time that I expect the VIX to fall down and fall down hard. We wrote about how in December we were expecting the VIX to dive based on how the futures were priced. Even so, I didn't think VIX would be threatening 20 by the first week of January.
As I was giving the AM Vol Report today, many an option trader asked me about the price action of the VIX. Was the fact that the VIX was barely down but the SPX was up a huge sign of a market not 'buying into' a rally. Sometimes the answer is yes. I gave a great VIX webinar last month where I explained how I use VIX to help me trade S&P Futures, SPY, and other directional plays. However, today we are not looking at that situation at all, despite the ATM IV being flat:
SPX 1275
Option Pit's COO and Director of Education talked about today's markets along with how he views the upcoming trading year during a segment on CNBC's Squawk on the Street.
Option Pit's After The Holidays Sale: Do you want some option training for yourself?
Option Pit's After The Holidays Sale: Do you want some option training for yourself?
