First Ever "Question Of The Day" - Enter For A Chance To Win A Gift Certificate

By Craig Bewick
FEB 17 2021

US Equity Indexes traded mixed today with the Dow Jones Industrials rallying (to another record close) and other indexes declining slightly.  Implied volatility in the equity index options was near steady on the day.  Some of the more notable moves on the CME Group price board today included:

  • Natural Gas futures prices were up another 3.7%.  The futures price of the April expiration is now higher than it’s been at this point in the year than in any year since 2015.  April implied volatility, at about 46%, is higher than in any year since 2017 with 37 days until expiration.
  • Bitcoin futures prices rose again and were trading near 53,000 at last check.
  • April WTI Crude Oil futures prices were up another nearly 2% and are trading as high at this point on the calendar as they have in any year since 2015.  Similar to Nat Gas, volatility in the WTI Crude Oil options is as high as it has been since 2017.
  • Gold futures prices declined again and are trading at 6 month lows.  Volatility rose and is trading right at the 6 month average closing 30-day implied volatility level. The QuikStrike graph below depicts 6 months of Gold futures prices and 30-day implied volatility. 

Please check out the section below for your chance to answer an options-related question and enter to win a gift certificate!

 

ABOUT THE AUTHOR

Craig Bewick has spent 25 years in futures and options markets, starting at CBOT and CME working in risk management, regulatory, technology, product management and client development. 

Connect with Craig at activetrader@cmegroup.com

Back to top

STAY IN THE KNOW

Get the latest updates with InFOCUS.
Futures & Options trends and insights for active traders.