The poor jobless claims print (including the previous week being revised higher, yet again) and fast core PPI number take some of the steam out of U.S. stock index futures. S&P 500 +0.2% after being up more than 0.5%. Futures had been given a charge on extremely dovish comments out of Fed Vice-Chair Yellen last night. [View news story]
After a decline in volatility to multi-year lows amidst maybe the best Q1 ever for stocks, some traders see Q2 shaping up differently. June 55 calls on the VIX (VXX) traded 30K times early today and June 42.50 calls 15K. With the VIX at $15.23, these bets will pay off only if volatility soars. [View news story]
does someone know when VXX volatility will go up? i got like 200 shares of VXX bought between 20 and 23 ;(
The poor jobless claims print (including the previous week being revised higher, yet again) and fast core PPI number take some of the steam out of U.S. stock index futures. S&P 500 +0.2% after being up more than 0.5%. Futures had been given a charge on extremely dovish comments out of Fed Vice-Chair Yellen last night. [View news story]
Where's The Volatility? [View article]
After a decline in volatility to multi-year lows amidst maybe the best Q1 ever for stocks, some traders see Q2 shaping up differently. June 55 calls on the VIX (VXX) traded 30K times early today and June 42.50 calls 15K. With the VIX at $15.23, these bets will pay off only if volatility soars. [View news story]