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Someone Forget To Tell The VIX-Slamming Machines That The Market Is Shut
As American investors sit back in their chairs, watching parades, sipping Budweiser elegantly, and generally having a good day off... there are some 'people' that are working hard to ensure the status quo is sustained. In order to maintain the illusion of exuberance and lack of concern, we are used to the ubiquitous melt-up in stocks late on a Friday afternoon (always driven by an 'odd' collapse in VIX). Of course, no human would be silly enough to do that on a day when European stocks tumbled on banking contagion concerns and the fact that stock markets around the world are now totally closed... so - we ask in all incredulity - WTF is going with VIX futures...
The July VIX Futures - which do not mature for another 10 days - have collapsed...
And it's not some fat finger thin volume trade - it is massive algorithmic idiocy...
Someone tell the machines to take the day off
* * *
Unrigged?
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My day just actually got much better.
Somebody else's didn't.
Now comes the temptation.
btw watch this video on dianetics. its on some jews channel, but who cares, don't have to pay 25 bucks for it.
https://www.youtube.com/watch?v=vxOB1j8_1dU
and fuck u if u don't - fuckin muppet
LOVE YOU
S&P 3000 by Monday afternoon? ...and 10,000 by next Friday?
VIX = Void If Xternalized
BANK OF CYPRUS NEEDS FRESH CASH!!!!
THEY WILL FIRST TRY TO ISSUE 1 BILLION DOLLARS OF NEW SHARES.
Like that will help.
So for all the retards over there who put money back into the banks....
Our whole economy is fake and when it implodes we will be done.
Somebody forgot to turn out the lights when they left on Thursday...
On hearing "I'm sorry Dave, I can't let you do that", And noticing multiple red laser spots on his body, he decided to just leave everything on.
Are you hinting that there was coercion by the algos? Could be.
Nah, there's something deeper going on here. Wish I knew what though. Monday will be a different game I think.
Premature ejaculation: the VIX fixers shot load fantasizing about breaking the S&P 2000 cherry on Monday.
un freaking believable !
actually is unbelievable... kinda of.
Slough, England
This can't be right.
A 5 handle?....unpossible!
Perhaps negative VIX is coming, it's how things roll here on Planet Earth.
5-handles. Here's the link to July 14:
http://www.cboe.com/DelayedQuote/SimpleQuote.aspx?ticker=VIX/N4
That's some pretty Fucked up shit right there.
Impossible - even for a rigged market, so someone(many) are going to have their faces ripped clean off !!! this needs to be "manually" corrected and ASAP
yellen, is that you????
The whole friggin paradox of this global 'TPTB system' is that once the the 'system' releases people from their 'duties' it allows people to use their brains and realise the insanity of the 'system'.
Just in case you and me should get our hopes up for monday.
As long as the CRIMINALS contol it, expect it
It's a big POMO on Monday, $2.50 - $3.25 billion.
DavidC
actually, algos will be trading on Sat and Sun - SURPRISE!!!!!!!!!!!
Is this possible? I mean did VIX actually trade today?
I wouldn't be surprised if the algos and markets were open for the 1% to trade on their inside information 24/7.
This is hilarious. I hope they go broke.
Somebody who trades Vol, please tell us, do all VIX contracts tend to zero towards expiration? I mean, on expiration day, VIX futures must be very low just as in options the time value erodes the value of the option.
Machines don't need time off...
A market of machines, for machines
It's algos practicing for Monday.
Calm down, the central planning committee just tested the dial for the August goal.
So, I guess this means the S&P futures will gap up 50 handles on Monday (?)
This just encourages me to dullen the blade on my guillotine a bit more. I've a feeling it will turn into a neck crusher instead of a neck slicer before this is through. Max pain.
It's not just July. This goes out until November and the front 3 months have all traded over 100k contracts. Something clearly is very wrong.
No kidding, that is an account buster move.....
Bet they don't break the trades though...
http://www.cboe.com/micro/VIX/vixintro.aspx
With that kind of volume, if those trades stand, expect some pretty wild moves on Monday. If these trades aren't busted and the VIX snaps right back, whoever put these trades on is going to find themselves in a bad risk position.
there is no reason for Vix, since the Shalom/Yellen put... they are not bluffing and they will crush any attempt at a stock sell-off, just add to SVXY or XIV every day... and enjoy the summer, get as much golf in as you can Obozo-style
Maybe a buying op on a deep gapdown open on Monday?
haa, haaaa - lol, wait fot it!!
Wow, what a money maker for the shorts.......
God I wish I had had the balls to sell some short yesterday......
But of course if anything I would have bought...
All the stops hit all the longs are now out....
Alot of busted accounts for the retail guy to celebrate today.....
Some will not know they have negative accounts until sunday or monday.
Guess they are the lucky ones.....
Notice the low for the sep contract was 3.15.
Somebody made a shit load of money.....
But like I said earlier... alot of retail accounts are blown out...
Please elaborate on "a lot of retail accounts are blown out..." Thks.
WFT is correct...how could this BE?? wait its the stock market? WTF
I turned on my computers I can't find this inforamtion anywhere Tyler?
I posted the link below..
http://www.cboe.com/micro/VIX/vixintro.aspx
Someone bought what someone sold, and all contract months have huge volume over many 5 minute periods.
I think that this is the beginning of the END for HFT Algos Gone Wild !
Also, This event could be the straw that breaks the UP Markets back as the Futures at a 5 handle do not reflect the Actual underlying OPTIONS from Thursdays close overnight.
CBOE Volatility Index (VIX) Futures
LISTING DATE:
March 26, 2004
DESCRIPTION:
The CBOE Volatility Index is based on real-time prices of options on the S&P 500 Index, listed on the Chicago Board Options Exchange (Symbol: SPX), and is designed to reflect investors' consensus view of future (30-day) expected stock market volatility.
CONTRACT MULTIPLIER:
The contract multiplier for each VIX futures contract is $1000.
http://cfe.cboe.com/Products/Spec_VIX.aspx
CBOE was closed today. Where did these trades happen?
My question, exactly.
it the Vix falls (again) in the forest, but nobody can trade it, did it really happen?
Long Live ZH, the only web that has EGGS to show THE REAL THING ACROSS THE GLOBE RELATED TO FINANCIAL RIGGED MARKETS.¡
Seems to be Credit Suisse and Barclays, playing algos
VIX
(TVIX)
XIV
VXX
VIX = NEW BALTIC DRY INDEX 2.0
Machines Gone Wild ....HOrny VIX party...VIX party machines....Hot VIX secret fantasies....Folks, it can get even more bizzare than this before the bottom drops out...
Not to worry, it will be fixed next week, everything is under control.
VIX futures expire at a value equal to the spot VIX on the future's expiration date. Why would anyone sell the first month future 50% below the spot? Even someone trying to goose stocks would not have to take such extreme and obvious step to accomplish his goal. This is obviously a mistake without even taking into account the CBOE was closed today so it is unclear where and how these trades occurred. If I am wrong, this is a once in a lifetime opportunity to buy the VIX futures because the chance of the VIX going below 6 and staying there for months is highly unlikely.
FWIW, spoke to the CBOE just now via their helpline, they are claiming these were test trades and there was no actual trading that occurred today. Here's the help desk 877-226-3773
CFE Help Desk
ehelpdesk@cboe.com
877-226-3773
I'm thinking of calling the CBOE and asking if I can do test trades running the VIX up to 40 or 80.
Great initiative Hank....probably true and probably a test.
For what though....looks like a stress test of sorts.
They were...um. test trades...yeah, that's it...that's the ticket.
TEST TRADES? which are now archived on every charting program database? THEY MUST now BE Class ACTION SUED FOR DISEMINATING FALSE AND MANIPULATIVE INFORMATION leading to False RUMORs and meaningful potential forward market damage as well as insider manipulation of markets thru willfull actions unknown to the general public having no information of disclaimer or warning of test events publish anywhere easily accessable and obvious NEEDLESS TO SAY I AM ROYALLY PISSED OFF AND INTENDS TO PURSUE CLAIMS AGAINST THE PERPETRATORS!
Well guys (and girls) I don't see how you can trade on a closed market ? When I saw this article I called my brooker and sure enough their answer was "market is closed". So it might very well be test or otherwise bogus trades and this whole story a non event. At the very least ZH should get someone on record.
Fromt the horse mouth:
Trading in VIX futures is halted between sessions of extended trading hours on the calendar day of a holiday. The CBOE System will complete the processing of trades that are in the course of being processed by the CBOE System prior to the start of such a halt period. Since these halt periods are a regular feature for certain holiday trading sessions in VIX futures, they shall not be considered the declaration of a trading halt by the Exchange. Trades in VIX futures made during a holiday trading session will be submitted for clearing for the next Business Day
Extended tradind hours on Jul 4th: Extended 5:00 p.m. (July 3) to 10:30 a.m
Is there a link between the above article and this article:
VIX-Manipulating HFT Algo Is Booted From Dark Pool, Exposed For Whole World To See (ZH 7/1/14)Is this Kansas?
This is a TEST ! this is a test of your CBOE/CME VIX FUTURES Ponzi . You will see your life flash before your eyes reflected in your quote screen as we use the VIX contract test numbers of 50-60% lower from the close, to readjust all Bollinger Band Algo trading systems Worldwide Lower !
Again, the CBOE assures you that this does not in anyway imply a forward price prediction or attempt to subliminally influence the market. In a few hours the CBOE website will contain the disclaimer that the Test yesterday July 4th was successful in shaking confidence in higher expected Volitility.
That is all from your NSA and Bankster news network ...
11.85 +0.05
lol, wrong again
yep - no follow up, just sad
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