Vol411 for Thursday, November 5, 2020

Host: Jermal Chandler, Senior Instructor, Cboe Options Institute

· The S&P 500 Index is up 1% for the fourth straight day, potentially making this week the best since April. Ballot counting continues in four states, leaving the results of the U.S. presidential election unclear.

· All sectors appear to be in the positive today, although real estate and healthcare are near flat in today’s session. Gold is near a six-week high, copper is advancing and the dollar is declining as markets wait to hear from Federal Reserve Chair Powell.

· The VIX Index is below 30 and the VIX futures curve shows all expirations trading below 30. December is the new peak of the curve, trading at 28.83.

· 1.1 million VIX options contracts were traded yesterday, the most traded in one day since June 12. Volume today is centralized in the November and December contract expirations.

To learn more visit Cboe’s website.

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