Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (146680)	3/8/2011 6:07:57 PM
From: ChanceIs	Respond to of 206349

Introduction to VIX Options - Per CBOE >>>I love the part where they talk about the volatility of volatility. (Probably like hangin' with a vixen.) Schwab is showing that the VIX closed at 19.82. Shows the March 16th 19 calls at $1.25 by $1.30. That could be the ticket. Note that the VIX options having an unusual expiry - not the third Friday based equity options - something about the sun spot cycle I think.<<< cboe.com On February 24, 2006, options on the CBOE Volatility Index® (VIX®) began trading on the Chicago Board Options Exchange. The VIX options contract is the first product on market volatility to be listed on an SEC-regulated securities exchange. This new product, which can be traded from an options-approved securities account, follows the introduction of VIX Futures on the CBOE Futures Exchange (CFE). Many investors consider the VIX Index to be the world's premier barometer of investor sentiment and market volatility, and VIX options are very powerful risk management tools. Unique Features of VIX Options VIX options have several features that distinguish them from most equity and index options, including: Pricing Based on Forward VIX Value Pricing Can Be Different for a Number of Reasons Wednesday Settlement Special Opening Quotation Price Negative Correlation to Stock Indexes High Volatility of Volatility