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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free Access*** Storied acct dubbed "50-Cent" likely....>
OPTIONS: *** Storied acct dubbed "50-Cent" likely behind another 25,000 VIX May
27 calls bought at .40 today after picking up >70,000 last Friday. Underlying
VIX well off early high of 17.56 to 16.20 (-0.68) at moment, compares to session
low of 15.79. The account was well known for scooping up 10s of thousands of
very low delta call options before the CME vol index VIX surged in early
February to >50 first time since Aug 2015, the aftermath of leveraged short
vol/inverse VIX ETF hedging. Real vol delivered: VIX fell to 22.42 low and
rebounded to >46.0 in 40 minute period. Stories have been making the rounds ever
since over sophisticated algos to manipulate the VIX by flashing large orders on
S&P options. Can we see more extreme swings in the index,? Absolutely! Stay
tuned.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.