At-a-Glance

Key Takeaways with Craig

And so ends another volatile day to end another volatile week that ends another volatile month.  Using QuikStrike data, we’ll take a look at net price and volatility changes in some of CME’s major products during the month of April. 

  • Equity Index prices were down sharply and implied volatility spiked higher
  • WTI Crude Oil prices wound up higher by about 4% though implied volatility declined substantially
  • As we’ve covered here in the Key Takeaways section lately, the US Dollar has continued to show strength.  The Euro FX was down by about 4.6% on the month while implied volatility in the options markets spiked higher
  • According to the Micro 10-Year Treasury yield contracts, the yield has increased by nearly 60 basis points.  Implied volatility in the options rose substantially as well
  • Natural Gas prices, which we’ve also covered extensively here in the Key Takeaways section are up nearly 30% on the month
  • Bitcoin futures prices are down by over 15%

So as we move into May, volatility persists in many CME markets as we seem to continue to have more questions than answers.  We’ll be back on Monday to continue reporting on CME price and volatility action.  

Today's Future Price Action

Traders Resources

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