All Entries Tagged With: "weeklys"
Strike Price Pinning Part 2: The Pin Empire Strikes Back
As I mentioned in my last post, we reside in a New Pin World Order thanks to more frequent expiration and tighter strike prices. Thanks to CBOE Weeklys options, we now have expiration day every Friday. Instead of 12 expirations per year in every name that lists options, we now have 52 in the most [...]
Apple Down, But Weekly Puts Plummet Anyway
The implied volatility for Apple (AAPL) options got the wind sucked out of them after the company released its earnings Monday night. A look at the prices as of the October 19 close shows how the weekly options (that expire October 22) behaved compared to some of the longer term expirations. The stock was down [...]
Would Daily Options Be an Option for You? (CBOE)
First it was monthly options. Then came weekly options expiration dates. If there is a way to bet on it, Wall Street will figure out a way to butcher it further it seems. Soon, the options world may get to digest daily options expiration dates. Really? Yes, really. The Wall Street Journal reported on Wednesday [...]
More “Weekly” Options on the Way (CME, CBOE)
Data and opinion on just how successful the new weekly stock and index options are is still a work in progress. Opinion aside, the recent CBOE Holdings (NASDAQ: CBOE) move to introduce weekly stock options in addition to regular “old-way” options that expire on the third Friday of each month is about to get some [...]
Apple Options Rolling Early from September to October (AAPL)
Weekly options may have added a new metric to evaluating stock options expiration dates each month, but the main action still seems to revolve around the more widely quoted and more widely followed monthly put and call options. Usually you see options rolling pick up around the last week of an expiration cycle. The September [...]
A Trader’s First Weekly Options Play
Bill Luby at “VIX And More“discusses the first trade he’s made using weekly options – selling a short straddle on the iShares Russell 2000 Index ETF (IWM). He points out that he wouldn’t have made the trade using monthly options. When I looked at the available options, the weeklys almost jumped off of the page, [...]
New Weekly Options for Microsoft and Gold Miners ETF (MSFT, GDX)
As follow up to an earlier update, CBOE announced that Weeklys options expiring August 13 will be available for these stocks and ETFs: ETFs EEM – iShares MSCI Emerging Markets Index FAS – Direxionshares Daily Financial Bull 3X Shares FAZ – Direxionshares Daily Financial Bear 3X Shares GLD – iShares SPDR Gold Trust GDX – [...]
Weekly Options Update: CBOE Adds New Stocks and ETFs
It seems as if the Chicago Board Options Exchange (CBOE) is making weekly changes to its new “Weeklys” options. These are short-term options that are listed each week and that expire in about 7 days, as mentioned in this earlier post. There’s a link on the CBOE site called “Available Weeklys,” but it makes you [...]
Weekly Options: Stocks “Pinned” Every Friday?
As an options expiration day arrives, traders note that stocks sometimes get “pinned” to a specific strike price. But now that every week is an expiration week for a select group of stocks and ETFs, will we see this phenomenon every Friday? As mentioned in an earlier post, the CBOE has added weekly options covering [...]
Weekly Expiration: Looking At The Options Greeks
As mentioned in an earlier post, the CBOE has added weekly options covering a select group of stocks, ETFs, and indexes. So it might be a good idea to see how these new options behave over their short life span. Just to recap, the new CBOE weeklys let you buy or sell options that expire [...]
