VIX Spike

Discussion in 'Options' started by ljoseph1, Jun 6, 2005.

  1. ljoseph1

    ljoseph1

    Can anyone explain the mechanics that spiked the VIX to over 26 this morning?
     
    #1     Jun 6, 2005
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  2. chiguy

    chiguy

    sorry didn't see it....
     
    #2     Jun 6, 2005
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  3. ljoseph1

    ljoseph1

    I saw it spike on both esignal and DTN satellite between 8:32 and 8:37.
     
    #3     Jun 6, 2005
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  4. chiguy

    chiguy

    must have been a fluke...

    vix would not move that fast unless it was the end of the world or a bad print...
     
    #4     Jun 6, 2005
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  5. MTE

    MTE

    I saw it too. VIX measures the IV of SPX options so if the options' IV spiked up for some reason, VIX would reflect that.

    It might've been just a bad quote though.
     
    #5     Jun 6, 2005
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  6. ktm

    ktm

    Definitely a bad quote.
     
    #6     Jun 6, 2005
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