The CBOE has listed $VIX weekly futures – their third attempt at a weekly volatility product that might compete with VXX weekly options. Trading began on July 23rd.
It is estimated that options on the new $VIX weekly futures will begin trading in three or four weeks, although that isn’t set in stone. Certain details have to worked out with the OCC, such a margin requirements. Typically, in the past, those things have taken three or four weeks.
There has been a rather large amount of hoopla about two new companion ETF’s that are designed to track the cash levels of $VIX – the CBOE’s Volatility Index. There have been articles on Bloomberg, Seeking Alpha, Barron’s, and Yahoo! Finance, not to mention the web sites of the principal’s involved: NASDAQ and Accushares.
The Striking Price column in Barron’s (May 4, 2015) discussed the fact that there are going to be weekly listed $VIX futures and $VIX options.
We are pleased to announce the release of Option Workbench 4.1. This release contains some exciting new data that will help you to create more flexible filters. Using the new volume and Put/Call Ratio fields in the Option Profiles will assist you in finding even better trading opportunities.
Other new features include:
These are two Exchange Traded Notes (ETN’s) that attempt to hedge a long “stock market” portfolio by using a long volatility component. We have written about VQT before (Volume 21, No. 4), and I often talk about it in my seminars and webinars that discuss volatility trading.
We're proud to announce the latest installment of Lawrence G. McMillan's Intensive Option Webinar series titled "The Secrets Behind McMillan's Trading Systems." This series of 6 webinars will cover each of the major systems we monitor that have been succesffully calling market turns for years. Topics include:
This year, Christmas falls on the 4th Thursday, and the stock market will be open for a half day on Friday, December 26th. We will publish our next issue sometime in the morning of Friday, December 26th.
We are planning a new series of six seminars, one each on the major systems that we use to trade the markets. Each of these had a major profit with buy signals near the October lows, and all have long-term successful track records. Stay tuned for schedules, pricing, and subscription information.
The latest release of Option Workbench has a new look and feel and contains a ton of new features including earnings data, position editor enhancements, position creation, position management and a portfolio monitor. A one month free trial is now available by clicking here and using Coupon Code: FreeOWB.
Read the release notes below for a more detailed explanation and watch the video.
Join Stan Freifeld, Director of Corporate Services and head option mentor at McMillan Analysis Corporation for this complimentary webinar event. Binary Return Derivatives (affectionately known as ByRDs) are now scheduled to begin trading before yearend 2014. This new and innovative product has characteristics that are similar to Puts and Calls but there are also some significant differences. Join Stan as he discusss these new binary options and strategies for trading them.
