QuantumLogicTrading
Short

CBOE EQUITY OPTION VOLUME: 40% HIGHER FRIDAY & 1SD ABOVE 3M AVRG

USI:OVLCE   OPTION TOTAL VOLUME - CBOE EQUITIES
CBOE Equity Option Volume:

1. Total Equities Option volume now trades above all moving averages and is currently 1 deviation above the 3 month and 1 month average - we moved 40% higher on Friday post yellens hawkish Jackson Hole Speech, from 1700000 to 2500000.

- Though we remain about 40-50% below the "risk-off" shift levels that we usually see in a firm bear market (Brexit and Yuan deval/ Feb sell off levels trade at 3700000)

2. This is important as increasing equity options is highly correlated with risk-off markets (as investors increasingly turn to derivs to hedge their long cash exposure) - watching closely for another 40% move higher, which is easily possible given Fridays move as this will likely signal the start of the september sell-off that I have been expecting.

3. Short SPX             is my view on any rallies into 2180 this week - looking to double my position here.

Questions, Comments and Likes encouraged!!
Comment: Update:

1. Option Volume unable to hold up, inline with VIX trading lower and forward IV pulling back also.

- May have to wait for Friday again (jobs report) to trigger the full risk-off shift.
Great posts - Thanks for sharing!
Reply
QuantumLogicTrading AleksanderThor
My Pleasure! Dont forget to follow and like for more updates!
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out