August Crash Protection in VIX Options (August 50-60 Calls Active This Week)
7/11/2012 02:13:00 PM | via @Dvolatility |
According to the OptionMonster Volatility Sonar Report yesterday (via DRJs Blog), big activity occurred this week in the August 50 and 60 VIX calls. They were "big August upside buyers looking for crash protection." Watch the video below. You can watch the August and September VIX future trade at CBOE, and VIX options trade inside chains at optionmonster. The same type of activity occurred in July 2010 before QE2 saved the markets, which is interesting.
Posted by D Volatility