- The Big Picture - http://www.ritholtz.com/blog -
Size Buyers in SPX Puts
Posted By Barry Ritholtz On June 12, 2006 @ 3:44 pm In Technical Analysis,Trading | Comments Disabled
I see some big buyers in SPY pPuts — the
June 125s, which expire Friday.
I am still long the September 120 Puts, and June VIX calls. Remember that the
VIX options are Euro style, and expire Tuesday. I expect to hold the VIX thru
expiry, unless they approach fair value.
I suspect there is an Arb opportunity in VIX options, and that will bring the
prices more into line with the cash settlement rather than the futures. We’ll
see . . .
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2006/06/size-buyers-in-spx-puts/
URLs in this post:
 Ray Davies: http://www.amazon.com/exec/obidos/ASIN/B00000IM7P/thebigpictu09-20
 Bernard Baruch: http://en.wikipedia.org/wiki/Bernard_Baruch
Copyright © 2008 The Big Picture. All rights reserved.