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Tag Archives: NYSE

JLN Options: New Dow and S&P 500 records trash the VIX and VIX ETFs Newsletter,Options

Lead Stories New Dow and S&P 500 records trash the VIX and VIX ETFsWall Street Sector SelectorMajor indexes and index ETFs continue to break all time record highs, and investors did not appear to be afraid today, judging by the lack of support in the VIX and VIX ETFs.  VIX ETFs typically rise when major indexes fall, so it is not surprising that the VIX and VIX ETFs dropped like stones today after index records were broken.http://jlne.ws/14ERw5l VIX: Quarterly ReviewJill Malandrino, The StreetThe CBOE Volatility Index (VIX) dropped about 30% in the first quarter as the S&P 500 started out…

JLN Options: HKEx Announces Stock Options Revamp Newsletter,Options

Lead Stories HKEx Announces Stock Options RevampMary Swire, LawAndTax-News.comHong Kong Exchanges and Clearing Limited (HKEx) is to revamp its stock options market in a range of areas, from product design and fees to market making, with effect from May 2 this year, in response to growing market interest in the product.http://jlne.ws/Z3z2H0 Continental drift: will derivatives shift to Asia?Future and Options IntelligenceThe global resurgence of volumes in 2013 has affected twice as many Asian exchanges than European, which helps to account for why western eyes are fixed firmly on the east writes Jonathan Watkins.http://jlne.ws/Z3zPHS Dr. Ben Kicks VIX ETFs In The…

JLN Options: BofA Times an Options Trade Well Newsletter,Options

JLN Special Report: FIA Boca Preview: Walt Lukken on State of Futures IndustryIn advance of the FIA Boca 2013 conference next week, John Lothian News traveled to Washington D.C. this week to interview Walt Lukken, president and CEO of the Futures Industry Association to get his comments on the state of the futures industry today and what is in store for the rest of the year.This two-part interview focuses on the key issues facing exchanges and brokers, as well as a rundown on the Dodd-Frank regulatory process. This year’s FIA Boca conference will be one of the more important events…

JLN Options: Former CBOE head Alger B. ‘Duke’ Chapman dies at 81 Newsletter,Options

Post Market Volume and Volatility Movers(click for larger image) Chart provided by Livevol (Tuesday, Feb 19, 2013 – 4:25p). This report shows stocks that have the highest stock volume, and greatest IV30 change for the day. Individual issues must have a minimum trade price greater than $5.00. The minimum average option volume must be at least 200. The scan excludes 2x,3x ETF products from the results. Lead Stories Former CBOE head Alger B. ‘Duke’ Chapman dies at 81Lynne Marek. Crain’s Chicago BusinessAlger B. “Duke” Chapman, who was chairman and CEO of the Chicago Board Options Exchange from 1986 to 1997,…

JLN Options: Beyond Heinz, Options Trades Draw Scrutiny Newsletter,Options

Lead Stories Beyond Heinz, Options Trades Draw ScrutinyKaitlynn Kiernan, The Wall Street JournalA windfall bet made in H.J. Heinz Co. options one day before a buyout was announced Thursday prompted regulators to act quickly, freezing assets they suspect are tied to the trade.But the Heinz bet, which the Securities and Exchange Commission said could have paid out $1.7 million, was just the latest in a series of unusual options trades made ahead of the disclosures of big deals and other news that moved share prices.http://jlne.ws/WU8qsj** See press release below under “Regulation” from the SEC regarding the Heinz case. –JB Volatility…

JLN Options: Options Traders Side With Comcast on NBCUniversal Deal Newsletter,Options

CFTC Proposal Poses “Monumental” Challenge to FCMsBy John Lothian Changes to the way customer funds are held and accounted for by futures commission merchants (FCMs) were inevitable after the bankruptcies of MF Global and Peregrine Financial Group. But it is pressure from buy-side market participants and their allies in Congress who are pushing for regulatory changes that could change the face of the futures business. At last week’s CFTC Roundtable, the fourth panel of the day titled “Enhancing Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organization,” highlighted the challenges and potential consequences to…

JLN Options: Nasdaq to Offer Options on U.S. Treasury Securities This Month Newsletter,Options

Lead Stories Nasdaq to Offer Options on U.S. Treasury Securities This MonthLiz Capo McCormick, BloombergNasdaq OMX Group Inc., the second- biggest U.S. exchange operator, will offer options on U.S. Treasury securities to allow buyers to hedge interest-rate risk.http://jlne.ws/XjLYWW Some Trader Has Made A Very Big Bet That Something Very Bad Will Happen Within The Next 60 DaysSam Ro, Business Insider[A]ccording to UBS’s Art Cashin, some options trader has made an enormous $11.25 million bet that the VIX will explode higher very soon.http://jlne.ws/11Ly8m7**Confusing terminology on what the trader actually did – I assume they meant he bought the April 20-25 call…

JLN Options: CME’s Daily Trading Volume for Treasury Options Hit Record Friday Newsletter,Options

Lead Stories CME’s Daily Trading Volume for Treasury Options Hit Record FridayDow Jones Business News (via NASDAQ)Total daily volume edged up 0.1% to 1,174,227, compared with 1,172,710 reached on June 8, 2007. This included a record 639,306 Treasury options executed on CME Globex.http://jlne.ws/Wsv1tX Are SPX Options Too Cheap?MinyanvilleOne of the first themes of options trading that I learned on the trading desk was that the best predictor of future volatility is recent realized volatility, with all else being equal. Best predictor does not mean good predictor. It simply means that, of all the alternatives, recent realized volatility is the best…

JLN Options: First US ETF celebrates 20th birthday Newsletter,Options

LEAD STORIES First US ETF celebrates 20th birthdayBy Chris FloodThe first US listed exchange traded fund marked its 20th birthday on Tuesday having developed into into a $125bn giant and becoming one of the world’s most widely traded securities over the past two decades.The SPDR S&P 500 ETF, known as SPY, which is managed by State Street Global Advisors, has spearheaded the development of the ETF industry worldwide since its launch in 1993.…SPY also generates a huge volume of turnover in derivatives markets with 585.7m contracts in 2012, around 16 per cent of US equity options volume last year.http://jlne.ws/VnzCgI VIX…