Russell Rhoads, CFA

Senior Instructor
The Options Institute
Biography
Russell Rhoads, CFA, is a Senior Instructor with the Options Institute at the Chicago Board Options Exchange. He joined the Institute in 2008 after a career as an investment analyst and trader with a variety of firms including Highland Capital Management, Caldwell & Orkin Investment Counsel, TradeLink Securities and Millenium Management. He is a financial author and editor having contributed to multiple magazines and edited several books for Wiley publishing. In 2008 he wrote Candlestick Charting For Dummies. Since joining the Options Institute he authored Option Spread Trading: A Comprehensive Guide to Strategies and Tactics which was released in January 2011 and recently finished work on Trading VIX Derivatives: Trading and Hedging Strategies Using VIX Futures, Options, and Exchange Traded Notes which was published in August 2011. He recently finished work on The Warren Buffett Way 3rd Edition Workbook and Trading Weekly Options: Pricing Characteristics and Short Term-Trading Strategies. In addition to his duties for the CBOE, he is an adjunct instructor at Benedictine University  and acts as an instructor for the Options Industry Council. He is a double graduate of the University of Memphis with a BBA ('92) and an MS ('94) in Finance and also received a Master's Certificate in Financial Engineering from the Illinois Institute of Technology in 2003.

Author Archives: Russell Rhoads, CFA

Last Week in VIX – 11/16/2014

A week ago I discussed what VIX was doing when the S&P 500 set recent records relative to SPX record highs set earlier in 2014. At that time there were 38 days where the S&P 500 had closed at a new all-time high, now the number is up to 41 with three records being set […]

Last Week in Emerging Market Volatility – 11/16/2014

The iShares MSCI Emerging Markets ETF (EEM) was up about a half percent last week despite the performance of the Brazilian market. We shall get to Brazil in a moment. EEM is down down 0.03 for the year for a loss of 0.07% which is close enough to say flat on the year. The result […]

Last Week in Gold and Oil Volatility – 11/16/2014

Friday was a pretty slow day on the floor at CBOE. I hosted groups from a couple of different colleges mid-day on Friday and there were very few large open outcry trades coming into the SPX or VIX pit while we were on the trading floor. Apparently all the Friday action was in the gold […]

Last Week in Russell 2000 and Nasdaq-100 Volatility – 11/16/2014

The Russell 2000 was up a whopping 0.04% last week which lagged the gains racked up last week in the S&P 500 (0.39%) and Nasdaq-100 (1.55%). Despite the underlying market rising more, VXN was actually up slightly more than RVX last week. The Russell 2000 has had a tough 2014, but since the equity market […]

Last Week in Short-Term Volatility – 11/16/2014

I’m very hung up on volatility indexes not approaching 2014 lows despite the S&P 500 making new highs. This may be attributed to the rough patch the equity market encountered back in October or a lack of safety net that resulted from the ending of Quantitative Easing. Either way, note the chart below that depicts the […]

Last Week in Volatility Indexes and ETPs – 11/16/2014

The S&P 500 set three record highs last week, you may not be aware since there was not very much fanfare surrounding record closing high numbers 39, 40, and 41 for 2014. Also, Friday’s record was almost a rounding error to the upside relative to Tuesday’s record. Sticking with a theme I latched onto last […]

Last Week in VIX – 11/9/2014

This weekend I felt like Ed Rooney. Not Ed Rooney after Ferris Bueller’s sister kicks him in the face 12 times, Ed Rooney when he kept repeating nine times to Ferris’s mom, however my number was 38. I decided to take a look at what the volatility markets did each day the S&P 500 made […]

Last Week in Russell 2000 and Nasdaq-100 Volatility – 11/9/2014

I’m going to start with the Nasdaq-100 because I have a lot more to say about Russell 2000 volatility this week. VXN was down about 6% despite the underlying market rising only a little last week. This is one of those time periods where VXN and RVX both appear to take the lead from VIX more than in reaction to […]

Last Week in Emerging Market Volatility – 11/9/2014

Emerging markets had a tough week relative to stocks in the US.  EEM was down 2.2% which places the fund down for 2014.  Brazil was a little worse off with the EWZ dropping over 5% which places that market down about 6 1/2 % for the year.  The numbers for EWZ are even more amazing […]

Last Week in Gold and Oil Volatility – 11/9/2014

Gold implied volatility in the form of the CBOE Gold ETF Volatility Index (GVZ) was down slightly on the week despite GLD not appearing to have developed a new support level.  Despite dropping, GVZ at 21.38 is definitely elevated relative to this year’s average of 15.85 and is just a couple points lower than the […]

  • CATEGORIES

  • Recent Comments

  • Tags