Volatility index surges into settlement
Chris McKhann | [email protected]
The April VIX settlement came in today at 15.46, well above yesterday's close and right in the middle of this morning's range.
The volatility index finished trading yesterday at 13.95, so those who were long VIX futures or calls got a nice surprise.
The spot VIX is now up 1.60 points, or 11.7 percent, to 15.59. The pop has it back above the now-front-month May VIX futures, which are up 0.60 points to 15.35. The June futures are up 0.35 points to 16.05. This has the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 5.45 percent to 19.92.
Videocast: VIX premiums fall more
April 24, 2015
As the market continues its rally today, Group One's Jamie Tyrrell says demand for upside VIX contracts falls off the cliff.
Videocast: Cheap protection in VIX
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With the spot VIX and its futures falling today, Group One's Jamie Tyrrell says traders are coming back to buy protection with premiums low.
Videocast: May call selling in VIX
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Group One's Jamie Tyrrell says a big player who bought more than 100,000 May calls recently is starting to let go of those options.
Videocast: Surge in May VIX calls
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Group One's Jamie Tyrrell says a major volatility trader is back accumulating VIX calls in the May 20 and 21 strikes.
Videocast: Selling VIX calls at 16
April 20, 2015
With the market rebounding strongly today, Group One's Jamie Tyrrell says the big trade of the day is selling the VIX May 16 calls.