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Tag Archives: VIX

The Spread – Week of 6/25 to 6/29 Video,video

Looking for something to take your mind off of the summer heat? Well, we have a GEM of a “Spread” for you.  (Yes, we talk about Geneva Energy Markets this week.)  The following are stories referenced in this week’s episode:  Business Insider – Goldman Sachs has created a new team to take on high-speed traders like Virtu and Citadel at their own game Dealbreaker – Behold, The Ultimate Wall Street Summer Dance Video Bloomberg – Top Oil Market-Maker Closes After ‘Damaging’ Regulatory Changes Bloomberg – Rare Shift in ‘Fear Gauge’ Shows Depth of Market Angst Bloomberg – Hedge Fund That Made…

tastytrade raises $20m; February’s legacy; ETFs using derivatives; CME latency tricks Newsletter,Options

Observations & Insight Hot Friday In Chicago SD – JLN With all the trade rhetoric floating around and the market’s intraday gyrations, I haven’t felt the onset of stereotypical summer sluggishness. Until today. Something about waking up to “excessive heat” warnings on my weather app, spot VIX opening lower (S&P 500 up, Dow up, Russell up) and it being a slightly slow day for options news just feels like summer. Well, that and the fact that an array of fireworks have been going off in my neighborhood’s alleys since Wednesday… Speaking of black powder, it’s a short week next week…

Traders Are Still Haunted by the VIX Five Months Later John Lothian Newsletter,Newsletter

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First Read Hits & Takes JLN Staff A big thank you to the JLN staff for all the hard work to get CryptoMarketsWiki.com launched on Wednesday. Matt Raebel and Thom Thompson led the page development, with the graceful editorial help of JLN Managing Editor Sarah Rudolph. Jeff Bergstrom led the effort to build the new wiki from a technical standpoint and put in long hours to make it work. Chuck Mackey was indefatigable in searching for sponsors. Thank you to Jim Falvey for his help with legal questions surrounding the project and Tom Cashman for his help navigating legal and…

Houndstooth’s long-vol ETF bet; GEM liquidates its books; Earnings worries Newsletter,Options

Observations & Insight Big World Cup Correction and other Miscellany SD – JLN Boy oh boy did I misread the Germany v. Korea recap. It was NOT at all novel that the previous World Cup winner was knocked out in the group stage. In fact, it’s the opposite. From the USA Today:: “Four of the last five winners of the previous tournament have now crashed out in the group stage the next time around.” I should stick to American football references I guess… (That doesn’t alter the fact that UBS’ and Goldman’s computer predictions were way off, though.) Speaking of…

JPM sees signs of VIX fix working; Goldman’s new team; BNY’s FX options Newsletter,Options

Observations & Insight The Curve Spencer Doar – JLN One of yesterday’s top stories was Bloomberg’s Rare Shift in ‘Fear Gauge’ Shows Depth of Market Angst. At the time we published, the front month July VIX futures contract traded higher than August by more than .5 – defying the curve’s normal contango. However, that is a far cry from when the whole curve went into backwardation after the early Feb blowup and by the end of Monday that inversion was down to .08. By the time of publishing, that particular kink in the curve went away. Today’s open plotted with…

OCC Rebranding; Accidental HFT Firm; VIX Curve; Trade Tensions Newsletter,Options

Observations & Insight Treasury Secretary Mnuchin says investment restrictions will apply to ‘all countries that are trying to steal our technology’ Evelyn Cheng – CNBC Treasury Secretary Steven Mnuchin said Monday that a forthcoming statement from the government related to reports of investment restrictions will apply to China and other countries that threaten U.S. intellectual property rights on technology. /cnb.cx/2InYKRn ****SD: I thought Mnuchin was supposed to be the moderating influence with Cohn gone? ++++ The Accidental HFT Firm Matt Hurd – TABB Forum To many, high-frequency trading remains a mystery. According to Matt Hurd, it is simply the law…

The Spread – Week of 6/18 to 6/22 Video,video

We’re back to our weekly options news recap! The following are stories referenced in this week’s episode: US Options Volumes Remain on Record Pace Despite Slowing Momentum – TABB Forum  In a Year Marked by Controversy, Cboe Seeks to Improve the VIX – WSJ   CME Group and BarclayHedge Honor Managed Futures Leaders at Seventh Annual Managed Futures Pinnacle Awards – PRNewswire Exchanges, industry group petitions SEC to create committee on options market – Pensions and Investments Return of ’50 Cent’ Prompts Remix of Notorious VIX Trade – Bloomberg  Why even bigger volatility ‘accidents’ are yet to come; February’s market shock was just…

Endangered Options Specialists; FX volatility; Derivatives need LIBOR alternative Newsletter,Options

Observations & Insight Miscellany for Friday SD– JLN Perusing the day’s most active option chains on the OIC’s website yesterday was a bit wonky. Only one of the 19 most active equity symbols had more put activity than calls, that being FOXA (21st Century Fox). On the ETF side, there was a lot of lopsided action. TLT (20-yr Treasuries) saw 92 percent of its activity on the call side. The flip side of that coin – ETFs dominated by put activity – was populated by EEM (emerging markets), QQQ (Nasdaq), EWZ (Brazil) and SMH (semiconductors), with puts accounting for 80…

May Volumes; Fixing the VIX; 50 Cent; OIC Options Studies Newsletter,Options

Observations & Insight US Options Volumes Remain on Record Pace Despite Slowing Momentum TABB Forum US options volumes slipped again in May 2018, losing some of the momentum established during a torrid first quarter, but volumes still remain on pace to hit record levels for the year. May 2018 volumes fell to 366 million contracts, from April’s 398 million contracts. However, year-to-date US options volumes represent a healthy 25.2% gain over 2017. bit.ly/2KaE7K7 ****SD: The only exchange with a decrease in volume YoY is Nasdaq BX, but that drop was a mere 2 million contracts, which is more than made…