IVolatility Trading Digest™ Blog

Table of Contents

The previous Digest Issues are grouped quarterly
and have a list of all the underlying stocks,
ETFs and Futures in the previous Digest Issues.
Issue 13 Sell the Bounce [Charts] - March 29, 2021
  • S&P 500 Index (SPX) - update 3974.54 +61.44
  • Invesco QQQ Trust (QQQ) - update 316.00 +3.25
  • CBOE Volatility Index (VIX) & IVXM - chart 14.13%
  • VIX Futures Premium - chart 17.02% in green bull zone
  • Market Breadth - Summation Index 512.93 -156.61, < 50 DMA
  • Strategy - Bobbsey twins jawbone inflation, interest rate fear
  • ProShares UltraPro Short QQQ (SQQQ) - keep spread open
Issue 12 Interest Rate Whack [Charts] - March 22, 2021
  • S&P 500 Index (SPX) - update 3913.10 -30.24
  • Invesco QQQ Trust (QQQ) - update 313.14 -2.32
  • CBOE Volatility Index (VIX) & IVXM - chart 15.99%
  • VIX Futures Premium - chart 14.28% in green bull zone
  • Market Breadth - Summation Index 669.59 +36.82, < 50 DMA
  • Positions Review - XLE, SQQQ, XLF
  • Strategy - focus on cyclicals & U.S. Dollar Index (DX)
Issue 11 Rotation Evaluation - March 15, 2021
  • S&P 500 Index (SPX) - update 3943.34 +101.40
  • Invesco QQQ Trust (QQQ) - update 315.46 +6.78
  • CBOE Volatility Index (VIX) & IVXM - chart 15.82%
  • VIX Futures Premium - chart 13.84% in green bull zone
  • Market Breadth - Summation Index 632.77 +79.30, < 50 DMA
  • Rotation - cyclicals strength, sell QQQ bounce
  • XLE & QQQ - call spreads marked-to market
  • Financial Select Sector SPDR Fund (XLF) - June call spread
  • Strategy - rotate to cyclicals from high p/e stocks
Issue 10 Bumpy Ride [Charts] - March 8, 2021
  • S&P 500 Index (SPX) - update 3841.94 +30.79
  • Invesco QQQ Trust (QQQ) - update 308.66 -5.46
  • CBOE Volatility Index (VIX) & IVXM - chart 19.14%
  • VIX Futures Premium - chart 5.10% in red bear zone
  • Market Breadth - Summation Index 553.47 - 162.19, < 50 DMA
  • U.S. Dollar Index (DX) - H&S Bottom activated
  • Strategy - hedge IT and big cap growth
  • ProShares UltraPro Short QQQ (SQQQ) - Apr call spread
Issue 9 Perils of Easy Money [Charts] - March 1, 2021
  • S&P 500 Index (SPX) - update 3811.05 -95.56
  • iShares Russell 2000 ETF (IWM) - update 218.31 -6.88
  • CBOE Volatility Index (VIX) & IVXM - chart 22.00%
  • VIX Futures Premium - chart -2.22% in red bear zone
  • VIX - VXST Spread Indicator - -1.47 caution when negative
  • Market Breadth - Summation Index 715.66 - 164.07, < 50 DMA
  • Energy Select Sector SPDR Fund (XLE) - call spread MTM
  • iShares Transportation Average (IYT) - relative strength
  • Strategy - put spreads seem prudent
Issue 8 Crude Oil Uptrend [Charts] - February 22, 2021
  • S&P 500 Index (SPX) - update 3906.71 -28.12
  • iShares Russell 2000 ETF (IWM) - update 225.19 -2.07
  • CBOE Volatility Index (VIX) & IVXM - chart 16.78%
  • VIX Futures Premium - chart 18.33% in bull green zone
  • WTI Crude Oil (CL) - COT increasing open interest bullish
  • Energy Select Sector SPDR Fund (XLE) - Apr call spread
  • Strategy - put spreads seem unnecessary
Issue 7 Why Try Spreads [Charts] - February 16, 2021
  • Option Spread Terminology - debit, credit, Greeks offset
  • Put Spreads for Hedging - OTM with .30 delta
  • Upside Spreads - OTM with .30 delta, increase expiration time
  • Changing Market - OCC Jan. volume +61.7% to record
  • Strategy - stay long & ready to hedge
Issue 6 Don't Worry, Be Happy [Charts] - February 8, 2021
  • S&P 500 Index (SPX) - update 3886.83 +172.59
  • iShares Russell 2000 ETF (IWM) - update 221.65 +16.19
  • CBOE Volatility Index (VIX) & IVXM - chart 16.29%
  • VIX Futures Premium - chart 21.69% in bull green zone
  • VIX - VXST Spread Indicator - +5.35% in the green again
  • Market Breadth - Summation Index 907.95 +33.74, < 50 DMA
  • U.S. Dollar Index (DX) - on H&S Bottom neckline
  • Strategy - consider unwinding hedges
Issue 5 The Next Short Squeeze [Charts] - February 1, 2021
  • S&P 500 Index (SPX) - update 3717.24 -127.23
  • CBOE Volatility Index (VIX) & IVXM - chart 26.02%
  • VIX Futures Premium - chart -7.74 % in red bear zone
  • Equity Only Put/Call Ratio - .58 turns up on volume
  • Market Breadth - Summation Index 714.66 -214.83, < 50 DMA
  • Short Squeezes - table with 8 ranked by IV change
  • Strategy - hedging longs prudent
Issue 4 Bulls Blowing Bubbles [Charts] - January 25, 2021
  • S&P 500 Index (SPX) - update 3841.47 +73.22
  • CBOE Volatility Index (VIX) & IVXM - chart 16.68%
  • VIX Futures Premium - chart 16.58% in green bull zone
  • U.S. Dollar Index (DX) - potential Head & Shoulders Bottom
  • WTI Crude Oil (CL) - COT +open interest confirms uptrend
  • Sentiment Indicators - question possible bubble
  • Short Squeezes - table with AMC, GME & 3 more
  • Strategy - sentiment indicators suggest consider hedges
Issue 3 Volatility Kings Fourth Quarter 2020 - January 19, 2021
  • Volatility Kings Table - 24 Volatility Kings listed
  • CBOE Volatility Index (VIX) & IVXM - charts, SPX
  • Long and Short Calendar Spreads - outlined with others as well
Issue 2 Better Than Expected [Charts] - January 11, 2021
  • S&P 500 Index (SPX) - update 38240.68 +68.61
  • CBOE Volatility Index (VIX) & IVXM - chart 16.93%
  • VIX Futures Premium - chart 10.18% in green bull zone
  • Equity Only Put/Call Ratio - .39 low on December 4
  • Bitcoin COT Report - leveraged funds 42.58% of open interest
  • Market Breadth - Summation Index 937.43 down 16.03
  • Strategy - host you sail while the wind is fair
Issue 1 January Effect [Charts] - January 4, 2021
  • S&P 500 Index (SPX) - update 3756.07 +53.01
  • iShares Russell 2000 ETF (IWM) - update 196.06 -2.95
  • Invesco QQQ Trust (QQQ) - update 313.74 +4.18
  • CBOE Volatility Index (VIX) & IVXM - chart 17.37%
  • VIX Futures Premium - chart 8.03% below green bull zone
  • Bitcoin Futures Update - Jan. 15 & Jan. 22
  • Bitcoin Indicator - Bitcoin leads SPX by 5-day
  • Market Breadth - Summation Index 953.46 down 43.50
  • Strategy - stay long & ready to hedge