The presidential election is seven weeks away, and the closer we get to Election Day, the more volatility seems to be taking center stage in the options market.
Last week's sell-off saw several sessions where the Cboe Volatility Index spiked to close above 30 for the first time since late June, but even though thehas fallen since then, premiums in options contract expirations on both sides of Election Day remain elevated. Those higher prices are reflected by VIX futures, as well.
"Think of that as rolling 30-day windows of volatility. The October VIX future, which essentially is pricing right now what the VIX might be at October expiration ...
However, as Khouw pointed out, the VIX future isn't the only instrument traders are using to position themselves in a turbulent market.
FIRE JIM CRAMER
firejimcramer FireCramer Condescending, rude, inappropriate, and lacking complete civility. You employ this unhinged twelve-year-old so step up.
As a loyal viewer, I would like to make the statement that until CNBC and Jim Cramer make a public apology to Nancy I will no longer be watching any program on the network. Jim’s mouth likes to run fast but this crossed a major line and their needs to be consequences
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »