Cardboard Posted October 28, 2020 Share Posted October 28, 2020 We have heard about SoftBank in early September making big options bets on tech stocks and there is also the Robin Hood crowd apparently buying calls but despite , how could the VIX be this high? Normally on a day like today, with markets not that far from record highs, you would expect a VIX in the high teens while here we are at Lehman Brothers like level??? Cardboard Link to comment Share on other sites More sharing options...
Simba Posted October 29, 2020 Share Posted October 29, 2020 I would guess, based on a more qualitative assessment, the upcoming election uncertainty and new lockdowns in Europe / Covid fears help explain some of that. Keep in mind, VIX has been mid 20s / low 30s ever since Covid hit Link to comment Share on other sites More sharing options...
Peregrine Posted October 29, 2020 Share Posted October 29, 2020 I don't think there has been much trading of VIX futures to move it right now. It's mainly used as a hedge for SPX exposure and apparently there's a lot of money on the sidelines at the moment. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now