It's not quite as interesting as the ViX bikini here, but just a whole bevy of interest in OTM VIX calls lately. CBOE Volatility Index (.VIX) is up 2.09 to 28.31 and the July - Sep 45 call spread trades 30000X for 85 cents. One player bought this spread (against a position in VIX Sep futures ... Read more

That recent VIX weakness in the face of a blah market? Not a good sign according to Dr. Brett. VIX has been making 20-day lows, but SPY has not been making 20-day highs. In other words, volatility is coming out of option pricing, but it is perhaps more due to stocks topping out and tra ... Read more

Some active names as we research why Ana Ivanovic never wins major tennis titles any more. Activity picked up in Medarex (MEDX) yesterday after the co. announced it will receive a milestone payment from Novartis (NVS). The payment, for an undisclosed amount, is in connection with FDA approval ... Read more

Ron Rowland sheds some more color on these new Macroshares (hat tip Abnormal ). I believe those statements are extremely misleading. There is no asterisk pointing to the disclosures. Here are just a few of the reasons why these securities will not track the S&P/Case-Shiller Com ... Read t ... Read more

OK, everybody see Sir Dennis Kneale takedown of Blogistan? If not, here it is. I have never seen his show, other than the Macke Car People clip, but apparently he makes all sorts of rosy proclamations based on....well, who knows. And apparently bloggers attack him for it. Go figu ... R ... Read more

Hey, as per Jimmy C, the housing market is bottoming..........right now. So it's perfect timing that this product comes to market. This from Bespoke. MacroShares has been working on developing an ETF that tracks this index for what seems like years now, and today they finally start tradin ... Read more

A quick word from the Market Club. Please click thru here to check out the video. Today I'm going to take another look at the S&P 500 Index. It appears that some of the rose coloring on traders' glasses is beginning to wear thin. Many more traders now perceive this as a two way tradi ... Read more

Not much going on today, though we have this from the Flu Space. Novavax (NVAX) is bucking the bearish trend. Shares are up 90 cents to $3.40 and not far from session highs ($3.48) on news the Spanish government selected the company’s technology for a comprehensive flu vaccine program in Sp ... Read more

If there was any doubt the Yankees will win the pennant this year, this should put it to rest. The Yankees moved Tuesday to add a multi-purposed bat to Joe Girardi's lineup card, acquiring Eric Hinske from the Pirates in exchange for Minor League right-hander Casey Erickson and outfielder ... Read more

OK, I'm no chartist, but FSLR sure looks on the fugly side. Best you can say is you have some support here on both the gap fill and soon the 200 day MA (albeit one that's downsloping). But if you expect volatility and stock price to move in perfect opposition you would be ......quite dissappoin ... Read more