new polls shows 55% in favor of 'exit', strongest ever.
What is going on with volatility
- Thread starter tradelosses
- Start date
XIV is down more than I'd expect given the SPX move today, and Bloomberg at 2:45 PM says
Brexit Poll Sees 10-Point ‘Leave’ Lead Two Weeks Before Vote
which is consistent with the theory that Brexit uncertainty is causing vol to outperform.
vol is so insane today..the out of money ES call I bought this morning is only down a single tick despite the market falling 10pts since then
Vix up 18% vs. Spx only down 1% ..the last time vol made such a huge move realtive to the SPX was on 7/17/2014 when the Malaysia Airlines Flight 17 crashed. The vix went from 11 to 14 that day; comparatively the SPX only fell 20 pts
It's simple math, the smaller the denominator, the higher the % return.
what a joke this volatility is..the call option I bought on Friday morning is up 2 ticks ($25) despite to price being 10 pts lower
Someone or a handful of firms of going balls to the wall on puts. I've never seen anything link this before in years of option trading . 220 day volatility futures are already at 22 vs 24 at the depths of the august crash. I didn't realize brexit was going to be such a big deal. It was something I occasional saw in headlines but payed no attention to it.
There's probably collusion between firms to release scary-sounding headlines and traders who tipped ahead of time buy volatility. There was some bogus report 4 days ago about how the market could fall 20% on brexit, which was spread everywhere.
http://money.cnn.com/2016/06/10/investing/brexit-stocks-eu-referendum/
Some corrupt analytical firms tips his accomplice trader to buy puts and then releases this nonsense, which is disseminated on every major financial network and feeds on itself..
Someone or a handful of firms of going balls to the wall on puts. I've never seen anything link this before in years of option trading . 220 day volatility futures are already at 22 vs 24 at the depths of the august crash. I didn't realize brexit was going to be such a big deal. It was something I occasional saw in headlines but payed no attention to it.
There's probably collusion between firms to release scary-sounding headlines and traders who tipped ahead of time buy volatility. There was some bogus report 4 days ago about how the market could fall 20% on brexit, which was spread everywhere.
http://money.cnn.com/2016/06/10/investing/brexit-stocks-eu-referendum/
Some corrupt analytical firms tips his accomplice trader to buy puts and then releases this nonsense, which is disseminated on every major financial network and feeds on itself..
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I just don't see why the exit of the UK from the EU would have any effect at all on the economy. Especially in the states.
I hate to be a conspiracy theorist but there are lot of people who don't want the exit (e.g. because they might lose their jobs ) and they are in positions where they could circulate a lot of fear. Maybe they are deliberately doing so.
or maybe they believe it.
or maybe they're right and I am an idiot.
all possibilities.
https://woodfordfunds.com/economic-impact-brexit-report/
I hate to be a conspiracy theorist but there are lot of people who don't want the exit (e.g. because they might lose their jobs ) and they are in positions where they could circulate a lot of fear. Maybe they are deliberately doing so.
or maybe they believe it.
or maybe they're right and I am an idiot.
all possibilities.
https://woodfordfunds.com/economic-impact-brexit-report/
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