Hot Option Plays: Complacency Or Confidence Midday
Cusick’s Corner 01-03-2013 Midday “Complacency” that is what the VIX spells. The Volatility Index went from a high of 23.23 to 14.38 and this action that has occurred over 2 days is frankly, unprecedented. So what does this mean? One perspective is that the longs of 2012 that held on into the “Cliff” are the [...]
Cusick’s Corner 01-03-2013 Midday
“Complacency” that is what the VIX spells. The Volatility Index went from a high of 23.23 to 14.38 and this action that has occurred over 2 days is frankly, unprecedented. So what does this mean? One perspective is that the longs of 2012 that held on into the “Cliff” are the bid, not the sidelined cash or underinvested institutional trader. Even after this parabolic move to the upside, there still seems to be little insurance being bought. The oX Put/Call ratio … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards