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Re: [RT] For the folks with VIX interest



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When will we be seeing the iseoptions data on the DTN satellite feed?  I'd
just love to put a colored line on the data to promote it for you, :)

bobr

----- Original Message -----
From: "Jacobson, Alex" <AJacobson@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, March 21, 2002 10:50 AM
Subject: RE: [RT] For the folks with VIX interest


> The CBOE is only 30% of the equity business.........   in it's remaining
> days.
>
>
> My open interest is actually bigger.
>
> But who's counting.  My 401(k) is still there.
>
> -----Original Message-----
> From: BobR [mailto:bobrabcd@xxxxxxxxxxxxx]
> Sent: Thursday, March 21, 2002 1:46 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] For the folks with VIX interest
>
>
> The current $C/($C+$P) exchange ratios individually and as a composite
don't
> reflect an extreme condition either way right now.  The CBOE is an
exception
> in that its ratio is a contrarily bullish 0.3439.  0.25 would be really
> bullish.  0.75 would be really bearish.  Overall the 4 major option
> exchanges (less Alex's exchange) are kinda neutral looking.
>
> bobr
>
>
> ----- Original Message -----
> From: Ira Tunik <mailto:irat@xxxxxxxxx>
> To: realtraders@xxxxxxxxxxxxxxx <mailto:realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, March 21, 2002 10:25 AM
> Subject: Re: [RT] For the folks with VIX interest
>
> Could it be that the market makers and others know where the tops and
> bottoms are in the market.  For the VIX, the implied volatility of the
OEX,
> to be low would mean that selling was driving the options prices down.
> Conversly, does someone know that the bottom is in place in order to come
in
> and buy the options and force the VIX to highs.  It is the buying and
> selling of options that controls the VIX, so when options buyers are most
> optomistic it is a low and when they are most pessemitic it is a high.
> Could this be true?  Could someone actually know what was going to happen
> next.  But it would take a lot of people to effect the VIX, so everybody
> knows?  Ira
>
> Lee Morris wrote:
>
>
>  so what is your current interpretation of the vix
>
> -----Original Message-----
> From: Earl Adamy [ mailto:eadamy@xxxxxxxxxx <mailto:eadamy@xxxxxxxxxx> ]
> Sent: Thursday, March 21, 2002 11:21 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] For the folks with VIX interest
>
> Once again Barron's timing is off on the use of VIX. One of Barron's
> columnists wrote last November that a (then) low VIX reading was
forecasting
>
> a sharp sell-off in the market. (At the same time, may RT traders were
> calling for the same major sell-off). My own historical research had
> revealed that when a major bottom was put in place, a low VIX could be
> associated with a modest correction rather than a major sell-off. I sent
the
>
> attached chart to the columnist together with a suggestion that he do more
> complete research before making such statements. The attached chart
(current
>
> data top two charts, 1998 data bottom two charts)was also published to RT.
> The configuration of the market is now a bit different than it was when
the
> original piece was published so low VIX readings must be interpreted a bit
> differently i.e. low VIX readings are likely more critical than they were
in
>
> the post-911 rally.
>
> The fact is, that VIX must be carefully interpreted in light of the major
> price patterns, breadth, and other indicators.
>
>
> Earl
>
>
> ----- Original Message -----
> From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, March 20, 2002 9:26 PM
> Subject: Re: [RT] For the folks with VIX interest
>
>
>
> Leave it to Barrons to say not to worry about a low vix...another example
of
>
> ignore the media please. Its a question of probability and ye olde meany
> reversion.
>
>
> bobr
>
>
>
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