XVI - S&P/ASX 200 VIX Index

[frugal.rock]

"The Aussie VIX"
First chart is YEAR TO DATE



Second chart, 30 DAY CHART which shows today's candle forming.
Maybe this belongs in the breakout threads....? Hmmmm?

 

[Dona Ferentes]

volatility seems to act differently to markets, in that it can be Up The Escalator, then Down the Stairs

 

[cutz]

Mmmm, not sure what to make of that ?

I can't see any predictive forward on the XVI charts, it's been pulled up by the XJO option supply demand curve, Friday's spike was cool but may be short lived.

>>> Edit, actually I'm fishing for ideas

 

[cutz]

Hmmm,

You had me thinking about this frugal.rock , you're actually on to something.

Did a little more digging, VIX is spiking for reasons I found unsettling !

Could I please retract my previous post #3 ...

 

[frugal.rock]

Could I please retract my previous post #3 ...

It's a bit like a inner corral of wild horses....
If they get out of the inner corral, their gunna jump the paddock fences and take all the other horses off to the wild country... the lower flats are nice in Spring and out of the wind.
(to use another nature analogy.)

 

[cutz]

It's a bit like a inner corral of wild horses....
If they get out of the inner corral, their gunna jump the paddock fences and take all the other horses off to the wild country... the lower flats are nice in Spring and out of the wind.
(to use another nature analogy.)

I see, gotta think like a horse..

 

[frugal.rock]

Haha, the old adage for me, bad enough looking like a horse, don't have to work like one though...

Your the Owl viewing the situations quietly, from a safe place, without blinking an eye...

What unsettling reasons did you find?

 

[cutz]

Haha, the old adage for me, bad enough looking like a horse, don't have to work like one though...

Your the Owl viewing the situations quietly, from a safe place, without blinking an eye...

What unsettling reasons did you find?

Hello again.

I've been avoiding commercial media of late, even firewalling it, but recently read stuff regarding unusual option activity.

Although my US option data is fairly limited I was able to confirm unusual call option open interest in some of the big techs, bit of a push over the last few weeks, hence the vix spike which is normally caused by S&P 500 put option demand, the unwinding ( of the big tech calls ) could be a case of the tail wagging the dog.

I haven't noticed anything unusual here on the ASX, I may have mentioned recently on the BHP thread an imbalance on the Sep calls leading into ex div.

 

[frugal.rock]

30 day charts.

 

[frugal.rock]

Anyone have any other suggestions as to the cause?

 

[cutz]

The implied vols on the XJO's were ratcheted up after lunch.

 

[frugal.rock]

30 Day chart with today's bar.
Coming back to a range where I am willing to start entering again, although the exit today still demands caution.
DRO entered in open. LNU missed...

 

[cutz]

View attachment 109008

30 Day chart with today's bar.
Coming back to a range where I am willing to start entering again.
DRO entered in open. LNU missed...

Hey buddy,

What are your thoughts ? how are you using XVI.

In my case today needed lower Vol to get out of a position, came off as soon as my trade executed, sometimes it feels like I'm being played.

 

[frugal.rock]

Hey buddy,
What are your thoughts ? how are you using XVI.

G'day Cob,
Just using as a fear and sentiment meter and the obvious one, volatility.
Using in conjunction with other standard indices, wind direction, dart board angle & density etc

 

[frugal.rock]

For more information about the actual index, here's a link.
https://www.asx.com.au/products/sp-asx200-vix-index.htm

In fact, there's so much information there, I could spend a week getting lost on all the links...
There's a vid or 2 as well.

 

[frugal.rock]

If the vix was a stock, I think everyone would be clambering on for the ride... bullish candle today. Percentage was up around 18% at one stage today.
Hopefully the oscillator doesn't turn up dramatically.

 

[frugal.rock]

The lead in suggesting another volatile day, with perhaps tech (& gold etc ?) being slightly ahead today.
Nasdaq 1 week.


Am a total beginner trying to forecast market directions apart from the general lead ins, and, I don't mind getting it wrong, as that provides a learning exercise.
S&P500. VIX

 

[frugal.rock]

Any charts here, remove 2 decimals from the numbers top left...should complain to the broker.

Not out of the woods yet. Note, oscillator has turned up today...



September & October definitely choppier than July & August... if we start breaking above the early September levels is $25, I am running for the hills again.

The lead in suggesting another volatile day, with perhaps tech (& gold etc ?) being slightly ahead today.

oooh, on the money.
(Bear with me! We are in the beginners section here!)
Today's indices.

 

[frugal.rock]

The VIX still on edge.
The chart isn't screaming we're out of the woods yet, despite today's apparent up day, although it may be the start of some shorter term settling.

 

[peter2]

Other than high volatility might be the new normal for quite a while.