The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast and online and social media outlets.
A Key to Success: Education
2015 marks the 30th anniversary of The Options Institute, the educational arm of CBOE. The exchange’s current advertising campaign shines a light on CBOE’s ongoing commitment to helping customers better understand options trading.
“How CBOE Educated Investors With ‘Faces’ Campaign”— Kate Maddox, AdvertisingAge
Volatility, Alive and Well
Pundits expected it, so it’s no surprise: 2015 has brought more market volatility, even as U.S. stocks remain close to flat.
“Lots of Volatility, But Running in Place”— Chris Dierterich, Barron’s http://on.barrons.com/1DKBhnP
“What Is Volatility Saying?”— JJ Kinahan, Forbes
“Greater Put Buying Potential in 2015 as VIX Volatility Index Increases”—Daniel O’Leary, EQDerivatives
VIX and Hedge Funds
“In the hypothetical words of legendary volatility trader Yogi Berra, shorting CBOE Volatility Index (VIX) is so popular, no one goes there anymore.”
“Should You Take Your VIX Cues from Hedge Funds?”—Adam Warner, Schaeffer’s Investment Research
“Hedge Funds Shorting VIX Going Out of Style Amid Greece, Oil”—Callie Bost, Bloomberg
“Bumpy stock market leads to surprise drop in hedging with VIX options”—Saqib Iqbal Ahmed, Reuters
“Dissecting VIX Volume Trends” – Russell Rhoads, Options Hub
The End of an Era
The Chicago Mercantile Exchange will close most of its open outcry futures trading after more than a century of business by July. The announcement has sparked controversy, as some traders and brokers question the value of their memberships.
“CME Pit Closure Sparks Member Buyout Call”— Gregory Meyer, Financial Times
“High Expectations, High Volatility?”—Bloomberg Options Update