Skew in the morning of July 5, 2024.
The movement of the S&P 500 stock price (candlestick chart) and its skew (blue), as well as the VIX (brown) and VVIX (yellow), can be represented on one sheet on the free version TV. The value of VIX (brown), which rises in case of a stock market crash, has hardly changed, but the skew value (blue) that rises when there is an increase in far put options (profit from a significant drop in stock prices) on S&P 500 options, and the value of VVIX (yellow) that rises when there is an increase in far call options (profit from a significant increase in VIX) on VIX options, both have increased. The current skew (blue) value is 148.83, exceeding the 140 threshold, which is an indicator of black swan event risk. In the absence of information on changes in US bond interest rates, is it due to caution towards today's unemployment rate announcement at 21:30? What is the cause of the decline in the dollar index since last night? It would be good if it turns out to be needless worry and, literally, "changes quickly", as the saying goes... For your reference.
<About SKEW and VVIX>
On July 12th at 02:00, it seems that moomoo Securities will be broadcasting an exclusive webinar hosted by the CBOE Options Institute. You can make a viewing reservation from within the app's videos.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
