This Week in VXST – 9/5/2014

VXST moved up a little on Monday, as it always does after a long weekend and worked higher into Friday’s employment report on Friday. Note that on Friday, with the S&P 500 under a little pressure, VXST actually opened lower. We are still getting a feel for how VXST acts around big economic numbers and it seems to display some of the behavior that we normally associate with individual stock implied volatility around an earnings event.VXST PA

The curve flattened a bit with the employment report and a three day weekend behind us. Checking in on the VXST option market there are several lines with open interest of 1000 or more expiring next week. The VXST Sep 10th 15, 18, and 20 Calls all seem to be generating some noise.

VXST CURVE