VIX and More

Saturday, February 28, 2009

Chart of the Week: GDP Worse Than Expected

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A lot happened in the markets this week: the government took a larger ownership stake in Citigroup ( C ); blue chip stalwarts JPMorgan Chase...
2 comments:
Friday, February 27, 2009

Volatility Storm at Two Years and Counting…

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It was exactly two years ago today that the first winds of the volatility storm blew in from China . Back on February 27 , 2007, concerns ab...
5 comments:
Thursday, February 26, 2009

Recent Acorda Therapeutics Rumors

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Rumors are a part of Wall Street. They always have been and they always will be. For the most part I tend to ignore the rumors and not bot...
Wednesday, February 25, 2009

Mini-VIX Futures Coming on March 2nd

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The CBOE is out with a press release confirming that mini-VIX futures will begin trading next Monday. The mini-VIX is 1/10 the size of the...
1 comment:

VXX Juice Factor and Portfolio Insurance Implications

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While I continue to receive quite a few questions about VXX , the new the VIX ETN , I note that volume seems to have settled into a pattern ...
3 comments:
Tuesday, February 24, 2009

Germany and China Faring Relatively Well in Downturn

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With the SPX perched precariously above its November low and pundits monitoring the vital signs around the clock, coverage of the stock mark...
2 comments:
Monday, February 23, 2009

VIX Kitchen Sink Chart

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The VIX is once again above 50 as I type this and technical analysis aficionados are wondering where the next resistance levels are for the ...
5 comments:
Saturday, February 21, 2009

Chart of the Week: How Much Citigroup for My Gold?

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In 2001, an investor who wanted to exchange his gold bullion for Citigroup ( C ) shares was able to acquire about six shares of stock for e...
1 comment:
Friday, February 20, 2009

Institutional Buying in VIX March 60 Calls

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Jamie Tyrrell reports from the CBOE trading floor on OptionMONSTER ’s Volatility Sonar report, discussing some interesting large VIX option...
3 comments:

VXX Tracking VIX at 80+% Today

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As I write this, the VIX is at 51.30, up 9% and VXX is at 116.40, up 7.5%. I continue to get quite a few questions about VXX, the VIX ETN...
1 comment:

Global Bank Stocks in a Post-Lehman World

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I get tired of talking about the banks, but it is the story for the foreseeable future. While Citigroup’s ( C ) common stock flirts with th...
4 comments:
Thursday, February 19, 2009

Tell Congress to Block the Trader Tax

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In case anyone missed this, I encourage you the read (and sign the petition to) Tell Congress to Block the Trader Tax
5 comments:

VIX Sluggish as Market Probes Lows

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A reader asked why the VIX was down almost 5% with the SPX basically flat. In addition the possibility of statistical white noise, there a...
2 comments:
Wednesday, February 18, 2009

Follow Up to “A VIX Butterfly Play”

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Someone asked me to explain how the VIX options trade I outlined yesterday in A VIX Butterfly Play turned out. I will try to keep the exp...
2 comments:

US Bancorp Reeling

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Not too long ago, Minneapolis-based US Bancorp ( USB ) was held up as an example as a ‘good bank’ with a strong loan portfolio. As recently ...
7 comments:
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About Me

Former Chief Investment Officer at Luby Asset Management LLC in Tiburon, California. Previously worked as a full-time trader/investor and also a business strategy consultant. Education includes a BA from Stanford and an MBA from Carnegie Mellon. Useless trivia: I once broke the world pogo stick jumping record without knowing it.
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