Hot Option Plays: Midday Pop Midday
Cusick’s Corner 12-05-2012 Midday The CBOE Volatility Index, VIX-4.2%, never confirmed the negative price action that the equities exhibited in the morning session and was actually falling back when the market was on its lows. Tech, NDX -.60%, continues to be challenged and Apple (NASDAQ:AAPL) continues to be pressured but is trading off the lows. [...]
Cusick’s Corner 12-05-2012 Midday
The CBOE Volatility Index, VIX-4.2%, never confirmed the negative price action that the equities exhibited in the morning session and was actually falling back when the market was on its lows. Tech, NDX -.60%, continues to be challenged and Apple (NASDAQ:AAPL) continues to be pressured but is trading off the lows. What is interesting in Apple is that implied volatility in the front month is back over 40%, so there is a continued heightened expectation of move in the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards