Todays Newsletter
OCC liquidity risk doubles to all-time high in Q2
Lead Stories OCC liquidity risk doubles to all-time high in Q2; Concentration of activity around June expiration responsible for record rise Joshua Walker - Risk.net The estimated largest payment obligation Options Clearing Corporation (OCC) could have faced had a...
JLN Options Newsletter
Everything you need to know about Options today
JLN Options focuses on options-related issues and news. The free daily email newsletter and companion blog, edited by Jeff Bergstrom, provide a comprehensive aggregation of news, commentary and original features.
‘Witching day’ price spikes point to options market manipulation – study
Lead Stories 'Witching day' price spikes point to options market manipulation - study; Data reveals patterns that can be explained no other way, researchers say Rob Mannix - Risk.net Is someone manipulating options markets on expiration days? A controversial new study...
Options Traders Seek Protection From Higher Rates Ahead of Fed Decision
Observations & Insight I had just landed in Charlotte, NC yesterday morning on my way to Bermuda and the WFE's General Annual meeting and I turned off airplane mode on my phone. The first text quickly flashed on my phone with the message, "Ed Tilly has resigned as...
Cboe’s CEO Resigns Over Undisclosed Personal Relationships
Observations & Insight Nick Solinger Reflects on FIA Tech Role, Its Future and IDX Takeaways JohnLothianNews.com In this JLN video interview from this year's FIA IDX in London, JLN Correspondent Julie Ros talked to Nick Solinger, the president of FIA Technology...
The Stock Market’s Fear Gauge Just Signaled Bull Market Is Still Alive
Observations & Insight John Shay Shoulders AFX Role With Optimism and Purpose JohnLothianNews.com John Shay, the CEO of the American Financial Exchange, took on the role after 7RIDGE bought the exchange from AFX Founder and former CEO Dr. Richard Sandor and the...
$4 Trillion Triple Witching Options Event, Rebalancing to Threaten Market Calm
Observations & Insight Options Discovery Episode 20: Intro to Options and Earnings; eToro Equity and Derivatives Investment Analyst Callie Cox Breaks Down Options and Earnings With JLN's Alex Teng JohnLothianNews.com In this episode of Options Discovery, Asma...
Triple-Witching Day: Are Options Markets Being Manipulated?
Lead Stories Triple-Witching Day: Are Options Markets Being Manipulated? Mark Hulbert - Barron's Be on your guard against market manipulation on Friday, Sept. 15, which is a triple-witching day. "Triple witching" refers to those four days each year—the third Fridays...
Gambling on Options Is Fun
Lead Stories Gambling on Options Is Fun; Also a Sculptor lawsuit, Jamie Dimon on bank capital rules and a 2x levered Bitcoin ETF. Matt Levine - Bloomberg There was just a very strong case that, if you wanted to make long-term retirement investments, buying stocks was...
Amateurs Pile Into 24-Hour Options: ‘It’s Just Gambling’
Observations & Insight The Spikes futures funeral has been put on hold as MIAX has filed a petition to the Washington, DC Court of Appeals asking them to review the matter. This starts a new 60-day clock that will keep Spikes futures trading through January 1,...
Volatility Insights: Evaluating the Market Impact of SPX 0DTE Options
Lead Stories Volatility Insights: Evaluating the Market Impact of SPX 0DTE Options Mandy Xu - Cboe Trading in zero days to expiry options, so called 0DTEs, have exploded in popularity in recent years - rising from 5% of SPX options volume in 2016 to over 40% since the...
The Biggest Short: Trader Bets $30K On 1,100% VIX Spike By February 2024
Lead Stories The Biggest Short: Trader Bets $30K On 1,100% VIX Spike By February 2024 Benzinga via Markets Insider So far, 2023 has seen an equity bull market with low volatility, but whispers on Wall Street suggest an audacious move that could rival Michael Burry's...
Wall Street’s Fear Gauge Due for 1100% Jump, Some Traders Bet
Observations & Insight Options Discovery Episode 19: Intro To Entrepreneurship And Brokerages In The Options Industry JohnLothianNews.com In this episode of Options Discovery, Asma Awass explains what brokers are in the options industry and the services they...
FSB warns of risks posed by hedge funds’ ‘hidden leverage’
Lead Stories FSB warns of risks posed by hedge funds' 'hidden leverage'; Top financial policymakers step up concerns over impact of bets on bonds Laura Noonan and Costas Mourselas - Financial Times Financial policymakers have singled out a group of hedge funds as a...
US Stock Investors’ Complacency is Worrying, JPMorgan Strategists Warn
Lead Stories US Stock Investors' Complacency is Worrying, JPMorgan Strategists Warn; Strategists warn of optimism as September is typically weak; US stock valuations are 'stretched' versus rising real yields Farah Elbahrawy - Bloomberg US stock investors have gotten...
Short-term investors in SPY and QQQ warned of options risks
Observations & Insight Editor's Note: In observance of the Labor Day holiday in the United States there will be no JLN Options on Monday, September 4. We'll be back on Tuesday. Have a great weekend! Lead Stories Short-term investors in SPY and QQQ warned of...
VIX Volatility Index Competitor MIAX’s Spikes Futures to Stop Trading
Lead Stories VIX Volatility Index Competitor MIAX's Spikes Futures to Stop Trading Katherine Doherty - Bloomberg The financial market's biggest and most prominent measure of fear could soon see its only competitor disappear. After a federal judge last month sided with...