Silver as an investment

Category Archives: Chicago Board Options Exchange

Bitcoin Futures Crash Over $2000 From Open, Converge To Bitcoin Spot

Update: Bitcoin and Bitcoin Futures have collapsed since the futures opened… Dropping over $2200 to converge with spot… *  *  * Both CME and CBOE Bitcoin Futures contracts opened above $20,000 this evening (with Bitcoin spot hovering around $19,000). However, as soon as trading started, Bitcoin futures got hammered lower.   Those expecting a surge […]

Bitcoin Futures Top $18,000, Soar 20% From Open – Halted for Second Time

Update: At 10:05pm ET,  the CFE halted trading in Cboe Bitcoin Futures (XBT), in accordance with CFE Rule 1302(i)(ii) which defines the threshold for the halt as a 20% surge. XBT will re-open for trading approximately five (5)minutes from the time of the halt. Bitcoin Futures have topped $18,000 for the first time… It was […]

Flynn Flush Rescues ‘VIX Elephant’ As ’50 Cent’ Backs Up The Truck

The “VIX Elephant” has awakened. And “50 Cent” is back. That's the mysterious-sounding ointroduction to a notable market insight from Bloomberg this mornig as they note the turmoil surrounding Mike Flynn headlines – spiking VIX and slamming stocks – provided two big options market 'whales' with some relief and room to move… First, the trader […]

A VIX Below 10 Means This…

The CBOE VIX Index closed today at 10.11 (having traded with a 9 handle briefly intraday), which got ConvergEx's Nicholas Colas wondering what a single-digit reading may indicate about US stocks.  Three historical periods back to 1990 feature a sub-10 VIX: December 1993, January 1994, and Dec 2006/Jan 2007.  In each case, US equities were […]

WTF Chart Of The Day – European Investors Panic Hedging Ahead Of French Election

The explosion in open interest across European VIX (VStoxx) options is unprecedented. As the 4-way-tie in polls ahead of the French election looms, it appears everyone and their cat has piled into some kind of levered protection on the outcome…The number of VStoxx options outstanding has climbed to a record as investors increase hedging before […]

Who Is The Real “50 Cent” – A Mystery Trader Is Systematically Betting Massive On A VIX Spike

VIX Call volumes had exploded in recent weeks, accelerating to their highest levels since Brexit ahead of the healthcare vote, which saw VIX spike dramatically to 2017 highs. However, in the aftermath of the pulled vote debacle, VIX collapsed at a near record pace, as did VIX Call volumes (trading at their lowest level since […]

Something’s Broken In The VIX-Stocks Relationship

The S&P 500 Index and CBOE Volatility Index have historically moved in opposite directions about 80 percent of the time, but that’s changed recently… As Bloomberg reports, both gauges are heading for declines this month, after the two rose in tandem in February. That’s weakened their inverse correlation, sending it to levels not seen since […]

The S&P Has Now Gone 36 Days Without A 1% Intraday Move: The Longest Streak In History

Heading into Monday’s session, the S&P had gone for 34 consecutive trading sessions in which it hadn’t experienced an intraday move greater than 1%: according to the WSJ’s Market Data Group, this was the longest such streak going back over two decades, to 1995. And, following the Monday close, the market made history when it […]