Possible crazy VIX mark today

FSU · Mar 18, 2020

Looking at opening indication of SPX options in April that will determine todays VIX settlement. Could be a crazy mark (or not).

Follow along here,
https://markets.cboe.com/us/futures/market_statistics/volatility_settlement_eoi/

cdcaveman · Mar 18, 2020

everyday we redefine crazy ! haha

FSU · Mar 18, 2020

Note that retail traders can participate in this SPX opening.

FSU · Mar 18, 2020

69.76 settlement, lower then yesterday and we were down big.

cdcaveman · Mar 18, 2020

FSU said:
69.76 settlement, lower then yesterday and we were down big.

Sounds like your looking to short vol

FSU · Mar 18, 2020

cdcaveman said:
Sounds like your looking to short vol

Ha, no just playing the opening rotation to determine the settlement price.

Same Lazy Element · Mar 18, 2020

FSU said:
69.76 settlement, lower then yesterday and we were down big.

Everyone was long into expiration so lower settlement makes sense. Did you get involved at all?

cdcaveman · Mar 18, 2020

Reverse convergence..