Traders, as an option mentor I am constantly asked by my option mentoring students where I think the market is heading.
I was in the middle of an option mentoring session today when a rather smart option mentoring student asked a rather common question: Why does the VI
Option Traders, as an option mentor one of my goals is to be as modest in victory as I am in defeat.
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:
So I thought I had to write today's daily SFO. I didn't, but I had already written my piece. I thought I would post it here. Keep an eye out for tomorrow Daily SFO by me!
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
China, foreign banks, ISM
I am not a big proponent of VIX options under normal circumstances. I think the VXX is a far easier option to trade, as the underlying is easy to get a quote on. That said, there are so
We talk about why the VXX is down and the VIX and other indexes are up. Discuss a few news tidbits and show me entering the two winning VXX trades from Friday.
The ES (S&P 500 Futures), almost rallied above 1100 today, yet failed again to break through. I am not a technician by any means but this is certainly something to watch.
