Breaking News

Tag Archives: VIX

ITG and Options Technology Group to establish derivatives execution business; Equifax options Newsletter,Options

Observations & Insight A Brief Visual History of Being Short VIX RCM Alternatives If you aren’t using Stocktwits to track your favorite stock symbols, you may be doing it wrong. There are spam and oddballs and all the rest you would expect of a social network, but the gif game is usually off the charts. Here are some of our favorites from the world of short VIX traders of $SVXY. bit.ly/2xqKjK2 ****SD: For another fun picture from social media, check out Nassim Taleb in Bermuda. Lead Stories ITG and Options Technology Group to establish derivatives execution business Finextra ITG, a…

Hanweck expands; Toy options; Volatility lurks; Chinese bond puts Newsletter,Options

Observations & Insight Toy-pocalypse brings the options volume Spencer Doar – JLN The nostalgia kicked in pretty hard this week when Toys R Us filed for Chapter 11 bankruptcy protection. Speculation about Toys R Us’ finances began September 6. The spillover effects are notable. Mattel (MAT), maker of Barbie and Hot Wheels, Hasbro (HAS), maker of Nerf and G.I. Joe, and Jakk’s Pacific (JAKK) — all top 10 toy companies size-wise — have had their stocks battered as a result. Why? Last year, Toys R Us accounted for 11 percent of Mattel’s sales, 9 percent of Hasbro’s and 9 percent…

Wall Street’s volatility gauge dips below 10 for first time since early August Newsletter,Options

Observations & Insight Exchanges Cite Hacking Risk of SEC’s Planned Market Data Repository; Stock-exchange executives worry the Consolidated Audit Trail will be a juicy target for hackers Dave Michaels – WSJ Stock-exchange executives are warning a planned comprehensive data repository designed to help regulators detect market manipulation faces hacking risks, one week after Equifax Inc. disclosed one of the biggest data breaches in U.S. history. /goo.gl/6gi5oi ****SD: Plenty of CAT talk at the STA Market Structure conference in D.C. last week. My brief recap of the conference is below, as well as more of JLN’s CAT coverage this year. ++++++…

VIX creator Bob Whaley: investors don’t grasp Wall Street ‘fear gauge’; Swedroe: Embracing The Downside Newsletter,Options

Lead Stories VIX creator Bob Whaley: investors don’t grasp Wall Street ‘fear gauge’ Graham Rapier – Business Insider Business Insider recently spoke with Bob Whaley, the Vanderbilt University finance professor who created the wildly popular index. Whaley, 64, said he had been pleasantly surprised by the attention his index had received since its launch almost three decades ago. Here’s what he had to say: jlne.ws/2wVmutF Swedroe: Embracing The Downside Larry Swedroe – ETF.com It has long been known that investors have asymmetric preferences when it comes to bearing downside risk versus participating in the upside. The term “loss aversion” refers…

Shorting the VIX Could Be Terrible; Financials Bulls Tested; LCH plans G10 NDFs, options Newsletter,Options

Lead Stories Why Shorting the VIX Could Be a Terrible Idea Jared Dillian – Equities.com The New York Times’ DealBook had a great piece of journalism a couple of days ago about short VIX carry monkeys. Well, that is what I call them. The article features a former Target logistics manager who has goosed his net worth up to $12 million by betting that the VIX will go down. He is in the process of raising $100 million for a VIX-smashing hedge fund. /goo.gl/ngccN3 ****SD: Dillian – “If this really does blow up, there is going to be some soul-searching…

Nasdaq Sues MIAX Parent Co.; VIX ETP Liquidation Scenario?; ETF volatility effects Newsletter,Options

Observations & Insight August 2017 Options Exchange Marketshare via OCC ++++++ OCC Cleared Contract Volume Up 19 Percent in August OCC OCC, the world’s largest equity derivatives clearing organization, announced today that total cleared contract volume in August was 395,912,022 contracts, up 19 percent from August 2016 volume of 331,447,840 contracts. Cleared futures reached a record volume with 14,923,607 contracts in August. OCC’s year-to-date average daily cleared contract volume is up four percent from 2016 with 17,068,192 contracts in 2017. jlne.ws/2xMsyDt ++++++ The Patent World Jim Kharouf – JLN We’re back in court today. On Friday, Nasdaq filed suit against…

VIX pioneer Dan Galai interview; Betting on risk is risky; FX Options Update Newsletter,Options

Lead Stories A pioneer of the VIX says the market is looking at volatility all wrong; VIX pioneer Dan Galai interview Joe Ciolli – Business Insider Stock market volatility — or the lack thereof — has been a hot-button topic on Wall Street of late. jlne.ws/2eM2u3f The VIX, VXX, SVXY, and volatility-linked ETFs: Betting on risk is risky Allison Schrager – Quartz No risk, no reward. That maxim has suffered recently, as the stock market has rewarded investors with steady returns amid historically low volatility. Traders looking to beat the market have fewer options in such placid conditions, so some…

More VIX ETP bets on turbulence; Bear market signals multiplying; Digital currencies worth it? Newsletter,Options

Lead Stories Investors raise bets that market turbulence will ease; Two popular exchange traded funds nearly double in size this month Robin Wigglesworth and Joe Rennison in New York – Financial Times Investors have ratcheted up bets that the stock market’s recent turbulence will ease despite the biggest monthly losses in almost a year, doubling the size of two popular exchange traded funds this month. There has been a proliferation of exchange-traded products that are tied to the value of the Vix, Wall Street’s so-called “Fear Gauge”. The Vix reflects the turbulence of the S&P 500 implied by option prices,…

JLN Options: All about the crowd in VIX ETPs Newsletter,Options

Observations & Insight Hurricane to Cost Tens of Billions, but a Quick Recovery Is Expected Conor Dougherty and Nelson D. Schwartz – NY Times The brutal storm pummeling the Houston area is likely to rank as one of the nation’s costliest natural disasters, with tens of billions in lost economic activity and property damage across a region crucial to the energy, chemical and shipping industries. But economists say the region is likely to recover quickly and may even experience a bump in growth from rebuilding. nyti.ms/2xKa4Ct ++++++ Deluged Texas Braces for More Rain, and Years of Recovery Julie Turkewitz, Richard…