As we prepare for the official first day of Autumn tomorrow (at least for those of us in the Northern Hemisphere), US Equity Indexes fell, but a late day rally led to closing levels well off the day’s lows and the Nasdaq-100 actually managed to close in positive territory. Not surprisingly, volatility in the Equity Index options markets rose with today’s price break. Stocks weren’t the only asset class moving at CME Group today though. A recap of today’s price and volatility moves in some of CME Group’s major products include:
We’ll leave you with a QuikStrike picture of price and volatility in the Silver markets which shows the steep decline in price and spike in volatility though implied volatility still remains below it’s 3-month average closing level.