Vol411 for Monday, November 2, 2020

Host: Kevin Davitt, Senior Instructor, Cboe Options Institute
  • 2020 U.S. presidential elections will be held tomorrow and the options market is signaling meaningful uncertainty.
  • The S&P 500 Index closed down about 3% for October. The VIX Index is higher despite the advance in equities and implied volatility risk premiums are near historic wides.
  • The VIX futures term structure remains inverted with the index around 38.25. November futures are trading around 34 and the back of the curve is closer to 28.
  • VVIX Index is measuring near the 140 level as the relative cost of VIX options increased in the past few days.

To learn more visit Cboe’s website.

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