Tag Archives: OVX

Last Week in Gold and Oil Volatility – 12/21/2014

Gold volatility represented by GVZ dropped 5% last week and the price of gold as represented by GLD was down 2.25%. Now on to what people care about these days – The week over week price change for the United States Oil ETF (USO – 21.96) comes nowhere near telling the story from last week. […]

Last Week in Oil and Gold Volatility – 12/14/2014

I recall when I totally ignored Oil in this space for gold, my how things have changed.   USO dropped over 12% last week which places the fund down about 38% in 2014. The result for OVX, as seen on the right side below, was a jump of 45% and a move near all-time highs. The […]

Last Week in Gold and Oil Volatility – 11/24 – 11/28

Friday’s drop for the United States Oil ETF (USO – 25.58) was the seventh largest in history. The history is a bit limited, just going back to April 2006 when the fund was introduced. OVX was bracing for a move closing Wednesday in the mid-30’s so when the markets opened on Friday OVX didn’t move […]

Last Week’s OPEC Meeting and Oil Volatility

On Thursday morning I was taking a break from putting lights on the tree. A break for me does not involve checking the Lions – Bears score. My break involves checking in on the markets.   I was aware that OPEC was meeting today and that a big oil price move was possible based on the […]

Last Week in Gold and Oil Volatility – 11/23/2014

Gold and Oil both rose last week, but the market perceptions of each market are very different. Oil volatility rose last week while gold volatility managed to drop. First OVX was up a little over 5% as risk perceptions continue to elevate. Gold began moving higher two weeks ago and followed through nicely over the […]

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 […]

October Recap – Biggest One-Day Changes – VXTYN Up 22.3%; VXEWZ Down 46.2%; VXST Up 48.2% – By Matt Moran

This past month was one of the most volatile months of the past three years, as the CBOE Short-Term Volatility Index (VXST) rose 48.2% on October 9, and the CBOE Brazil ETF Volatility Index (VXEWZ) hit its all-time daily closing high of 72.83 on October 20 (before the re-election of Dilma Rousseff as President of […]

Gold and Oil Volatility Last Week – 10/26/2014

The prices of both gold and oil can often move together reacting to global events or current business conditions. Currently the two markets are both on the lower end of their historical price range, but oil is in a different place than gold. What I mean by that is that the price of oil does […]

Gold and Oil Volatility Last Week – October 19, 2014

Commodity related implied volatility tends to react to a break of support or resistance through an upside move. Often implied volatility will drop when a commodity is stuck in a range or a test of support or resistance holds. We actually have a case of both going on right now. I’ll start with support holding […]

VIX Index Rises 73% As New Volume Records Are Set – By Matt Moran

Oct. 15, 2014 — The S&P 500® (SPX) Index declined by 5.4% and the VXST Index rose 113.3%. over the past week, and many investors are looking for havens to help protect their portfolios from left tail risk. . RECORD VOLUME TODAY Since early this month, there have been dramatic increases in trading volume in […]

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