VIX at 5-Year LowThe VIX (Chicago Board Options Exchange Market Volatility Index) is a measure of the implied volatility of the S&P 500 index options.  It represents one measure of the market's expectation of stock market volatility over the next 30 day period. Options volati... [More]

Hi Everyone The main idices are still grinding up on low volume as we draw to the end of earnings season.  The S&P has a marginally positive OVI while the Nasdaq's is neutral.  It's almost as if the market is waiting for something to burst out and say "BOO!", but the holidays are curre... [More]

Hi Everyone You may have noticed that all the options symbols for US stocks have changed.  I'll post more about that in due course.  The net result willbe beneficial in the long term as the logic is more more transparent and flexible.   That's the good news ... The bad news is that... [More]

Hi Everyone  If you've been trading what you see, you'll have been trading bull flags recently.   However, last night's action was pretty severe to the downside with a 20 point drop in the last hour.  Do be careful as significant market action often occurs during the last hour of tr... [More]

  Hi Everyone This is a video explaining how to trade with OptionsXpress FleXCharts.  This is where you can place your trades directly from the charts. To open an account with OptionsXpress, please click on this link here.  I'll be recording more videos explaining how to trade vi... [More]