OptionsHouse

Options Trading News

July 26, 2013  Fri 2:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
An enormous put sale is looking for the CBOE Volatility Index to rise in coming months.

optionMONSTER systems detected the sale of 57,892 VIX September 14 puts for $0.54 yesterday. This is a new position, as the volume was above the strike's previous open interest.

The put seller is betting that the VIX will be above the 14 level at expiration in mid-September. VIX options are priced on their respective futures. (See our Education section)

The September VIX futures finished the day at 15.90. The August futures closed trading at 14.50, while the spot volatility index ended the session at 12.97. The VIX is right in the middle of its recent range between 14 and about 12. 
Share this article with your friends


Related Stories

VIX

Video: What the VIX 'curve' shows

September 2, 2015

The CBOE's Russell Rhoads says nearer-term VIX futures are above the later contracts in what's known as "backwardation," indicating that higher volatility may not end right away.

VIX

Video: What VIX pits are seeing

September 1, 2015

Traders were buying VIX calls above the 40 level early in the session, but Group One's Mike Palmer says that activity quickly pulled back.

VIX

Video: Whipsaw moves in the VIX

August 31, 2015

Group One's Mike Palmer explains why the volatililty index saw broad swings right before and after the weekend. Traders are now focused on today's close.

VIX

Videocast: Volatility in September?

August 20, 2015

Group One's Jamie Tyrrell says traders are buying next month's calls on the volatility index, bracing against a pullback in the S&P 500.

VIX

Videocast: VIX draws September buyers

August 19, 2015

Group One's Jamie Tyrrell says large electronic buy programs are snapping up crash protection in the volatility index.

Invest Like a Monster - San Antonio: October 9-10

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Archived Webinar

Education & Strategy

Options Academy: On Options Strategies in General

Before we hop into the different option strategies, I have a few thoughts for you to remember concerning the strategies and our use of them.

View more education articles »