I was working with an option mentoring student today when we realized that SPX skew is at the flattest on the put side it has been in weeks. The calls are also relatively cheap.
As a market maker and now a mentor, I have had a plenty of time to look at implied volatilities. In fact, that is basically all I do.
The VIX was up about 3 points today. The VXX was up over 1.5 points. How much was IV up in ATM SPX today?
Yesterday:
With the FOMC meeting, and employment over with I thought today would be a good time to examine the state of SPX volatility. Is realized volatility high or low? Where is implied volatil
The market ping pong continues. The SPX and SPY have no conviction in either direction. I expect short term IV to rally because we are nearing the top of the SPX range of about 1100.
The SPX straddle has been oscillating around the current price f
