Trading the VIX

[reece55]

Anyone seen the VIX tonight - my god - 20% range in 3 hours!!!!

Now that is volatility for you.....

Wayne, do you ever trade the Vix yourself??

Cheers

 

[wayneL]

Anyone seen the VIX tonight - my god - 20% range in 3 hours!!!!

Now that is volatility for you.....

Wayne, do you ever trade the Vix yourself??

Cheers

Not directly, but keep a close eye on it as a leading indicator.

 

[reece55]

Well, all I can say is that you probably wouldn't want to be holding a straddle position on most shares tonight - that is the most brutal volatility crush I have witnessed.......

All the best.....

 

[wayneL]

Well, all I can say is that you probably wouldn't want to be holding a straddle position on most shares tonight - that is the most brutal volatility crush I have witnessed.......

All the best.....

WOW just looked at the Chart! LOL.

Yup long gamma is danggggggerous in these conditions.

 

[theasxgorilla]

Help me out...what is the VIX???

 

[reece55]

Help me out...what is the VIX???

Volatility Index, it's a tradeable index of the implied volatility of the S&P 500 options on the CBOE...

Have a look here for more detail....

http://en.wikipedia.org/wiki/VIX

Cheers

 

[>Apocalypto<]

Good sighting Reece I sore it on IG tonight when I was looking at the US$ parcel.

you can trade it though IG,

also the carbon index is another cool one!

I have a thing for these far out tradables!

Heres the chart:

 

[Wysiwyg]

CBOE Volatility Index trading near its lower channel range and maybe looking at a rise.

 

[mjim]

Good sighting Reece I sore it on IG tonight when I was looking at the US$ parcel.

you can trade it though IG,

also the carbon index is another cool one!

I have a thing for these far out tradables!

Heres the chart:

Why trade with a market maker when one can trade on a True Exchange! with min counter party risk!