tag:blogger.com,1999:blog-897456774486153841.post991743436091910169..comments2024-03-28T06:07:36.391-07:00Comments on VIX and More: VIX Soaring in 4:00 - 4:15 WindowBill Lubyhttp://www.blogger.com/profile/01241003017364820134noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-897456774486153841.post-71061049449868576402007-07-29T13:59:00.000-07:002007-07-29T13:59:00.000-07:00anon,Someone asked a similar question under an old...anon,<BR/><BR/>Someone asked a similar question under an old post yesterday, <I>"Why were the august 10 vix calls closing at under 10 when the vix itself closed at 24. Wouldn't they be worth at least 14?"</I><BR/><BR/>Here is my reply:<BR/><BR/>The reason the VIX Aug 10 calls closed at 9.60 yesterday while the VIX closed at 24.17 is that VIX options are based on the expected price of the VIX at expiration, which is still 24 days out. A good way to get a better sense of this is to look at the futures; the August VIX futures settled at 20.07 yesterday.<BR/><BR/>I hope this helps. If you want more information, you might want to start with <A HREF="http://vixandmore.blogspot.com/2007/05/vix-futures-one-picture-to-remember.html" REL="nofollow">"VIX Futures: The One Picture to Remember"</A>.<BR/><BR/>Cheers,<BR/><BR/>-BillBill Lubyhttps://www.blogger.com/profile/01241003017364820134noreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-34130119053475593502007-07-29T13:52:00.000-07:002007-07-29T13:52:00.000-07:00can anyone explain the deep discount, in the past ...can anyone explain the deep discount, in the past few days, on the VIX call optionsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-31237728443849456292007-07-28T06:34:00.000-07:002007-07-28T06:34:00.000-07:00very interesting, Bill.very interesting, Bill.Anonymoushttps://www.blogger.com/profile/07411606067910659252noreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-74685472860400763312007-07-27T13:20:00.000-07:002007-07-27T13:20:00.000-07:00My guess is that this is more of a risk hedging st...My guess is that this is more of a risk hedging strategy -- perhaps mandated by some internal risk control policies at various firms.Bill Lubyhttps://www.blogger.com/profile/01241003017364820134noreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-28078570062965272732007-07-27T13:18:00.000-07:002007-07-27T13:18:00.000-07:00VIX jump after hour, is that a sign of more sell o...VIX jump after hour, is that a sign of more sell off to come, or just people hedge over the weekend?Anonymousnoreply@blogger.com