Option Block 460: The Creepy VIX

Published: Sept. 1, 2015, 8:22 p.m.

Trading Block: Dow off about 100 points in choppy trade, tries to stay out of correction. Goldman Sachs thinks this volatility index should be much lower: \xa0The VIX is trading like the U.S. is in a recession. If the options market is right, China stock rescue is doomed.

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Odd Block: Calls trade in UltraShort Euro ProShares (EUO), calls trade in Xerox Corp. (XRX), and calls trade in Arch Coal Inc. (ACI).

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Strategy Block: Tosaw gives us an update of the things he has been doing, and why he has been doing them.

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Around the Block: Earnings highlights of this week:

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  • Tuesday - Ambarella, Dollar Tree, H&R Block
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  • Thursday - Ciena, Medtronic
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