Vol411 for Wednesday, January 27, 2021

Host: Joe Tigay, Chief Trading Officer, Equity Armor Investments
  • The recent influx of retail traders to options markets has been top of mind for market participants this week, with the GameStop short squeeze making headlines. A large surge in retail traders buying GameStop options calls led to the short squeeze as market makers try to cover their losses.
  • This market activity led to the VIX Index trending higher, currently above 27, as VIX options strikes widen.
  • The first Federal Open Market Committee (FOMC) meeting of the year will take place later today

To learn more visit Cboe’s website.

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