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VIX Options Halted As CBOE Breaks

Tyler Durden's picture




 

As the late-day VIX slamdown began, and stocks levitated off the lows, CBOE's Futures Exchange "broke." At 1542ET, VIX futures/options stopped trading (though the VIX index continued to push lower).

CFE Breaks...

 

As Futures get going...

 

Leaving the index to blow lower all on its own...

 

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Wed, 10/01/2014 - 15:59 | 5276831 Glass Seagull
Glass Seagull's picture

 

 

Too many Vix bidders?

Wed, 10/01/2014 - 16:05 | 5276847 X.inf.capt
X.inf.capt's picture

one word

EBOLA!

with 2 confirmed and more on observation...

that means maybe a couple of hundred running around un diagnosed...

ITS ON, and i hope my friends dont have it already...

Wed, 10/01/2014 - 16:07 | 5276879 GET.OFF.MY.LAWN
GET.OFF.MY.LAWN's picture

How does one spell that in CYRILLIC?

Wed, 10/01/2014 - 16:14 | 5276921 TruthInSunshine
TruthInSunshine's picture

"A former Food and Drug Administration chief scientist and top infectious disease specialist said that several people were exposed to the Ebola virus by the unidentified patient in Dallas, America’s first case, and it’s likely that many more will be infected.

Dr. Jesse L. Goodman, now a professor of medicine at Georgetown University Medical Center, said while the nation shouldn’t panic, it’s best to prepare for the worst."

http://washingtonexaminer.com/top-doc-several-people-were-exposed...more...

Wed, 10/01/2014 - 16:20 | 5276943 earnyermoney
earnyermoney's picture

Just in time for the heaviest travel day of the year. Thanksgiving.

Wed, 10/01/2014 - 16:29 | 5276977 El Oregonian
El Oregonian's picture

Not even vick's can cure this downward flowing sickness.

Wed, 10/01/2014 - 17:20 | 5277179 Richard Chesler
Richard Chesler's picture

The best way to hurt rich people is by turning them into poor people.

Wed, 10/01/2014 - 16:57 | 5277091 Four chan
Four chan's picture

oh man good point!

Wed, 10/01/2014 - 18:43 | 5277457 ThisIsBob
ThisIsBob's picture

New breed of suicide bomber?

Wed, 10/01/2014 - 17:05 | 5276929 Paveway IV
Paveway IV's picture

?????

Wed, 10/01/2014 - 16:03 | 5276850 nope-1004
nope-1004's picture

No, too many juxtaposing headlines.  HFT algos go berserk.

lol

Wed, 10/01/2014 - 16:06 | 5276857 Renewable Life
Renewable Life's picture

Just a hint of what's to come:)

I am absolutely positive I will wake up in the next 1-12 months and the stock market will be completely halted and there won't be a news conference or press release on why for days if not weeks!!

Something about "national security" will be bandied about!

Wed, 10/01/2014 - 16:08 | 5276880 A Nanny Moose
A Nanny Moose's picture

I have been saying that for the last 6 years. Can we get this party started already? Even ATMs will be broke.

Wed, 10/01/2014 - 17:09 | 5277142 HardlyZero
HardlyZero's picture

Even Plunger of PPT broke.

Wed, 10/01/2014 - 17:00 | 5277107 Stormtrooper
Stormtrooper's picture

What was that Hindenberg Omen thingy about again?

Wed, 10/01/2014 - 16:00 | 5276836 JustObserving
JustObserving's picture

Computers refuse to handle this magnitude of fraud?

Wed, 10/01/2014 - 16:26 | 5276969 NotApplicable
NotApplicable's picture

One can only push the "any" key so many times...

Sun, 10/05/2014 - 15:15 | 5291419 Yes We Can. But...
Yes We Can. But Lets Not.'s picture

Test. Click this

Wed, 10/01/2014 - 16:02 | 5276840 X.inf.capt
X.inf.capt's picture

 .

 

 

 

 

Wed, 10/01/2014 - 16:01 | 5276844 ebworthen
ebworthen's picture

So it's broken but volatility is down?

So if my gas gauge breaks I will always have gas?

Thanks FED, thanks for fucking us all over and creating a bubble economy devoid of reason and sanity.

Wed, 10/01/2014 - 16:04 | 5276860 Divided States ...
Divided States of America's picture

this is fuckin impossible

High returns Low volatility??? Thats the holy grail of investing...

Now, if they could find the holy grail of dating....Smoking hot girl with a good bod AND Awesome easy going attitude with good obedience.

Wed, 10/01/2014 - 16:07 | 5276877 madcows
madcows's picture

i'd like to add that she not talk too much either.  or share her emotions.  or watch DWTS.  It'd be helpful if she can also drive w/o hitting houses and whatnot.

Wed, 10/01/2014 - 16:45 | 5277050 JuliaS
JuliaS's picture

"So if my gas gauge breaks I will always have gas?"

Sure! Just like cutting up the credit card gets rid of the balance.

 

Wed, 10/01/2014 - 16:03 | 5276852 Yen Cross
Yen Cross's picture

  Yep...No BTFD today. The usd/jpy is getting ready to plow through the 200 hr avg. Hasn't been there since August 7th.

Wed, 10/01/2014 - 16:04 | 5276856 beegle
beegle's picture

mother fuckers 

Wed, 10/01/2014 - 16:07 | 5276864 ekm1
ekm1's picture

Central Command halted it

 

The current financial system is not different from Playstation 4 network

Fully controllable, centrally commanded, that is why I never use the word 'market'.

 

Market is suspended. The system is centrally commanded until further order

 

Wed, 10/01/2014 - 16:10 | 5276896 GET.OFF.MY.LAWN
GET.OFF.MY.LAWN's picture

Day one of 4th Quarter... Quel Surprise!

Wed, 10/01/2014 - 16:38 | 5277019 LawsofPhysics
LawsofPhysics's picture

A whole lot of 401k monies flow into the market at the end of each month.  Those fuckers just got punked.

Again with the optimism.

Wed, 10/01/2014 - 17:54 | 5277279 ekm1
ekm1's picture

Money does NOT 'flow' into the market

 

Money is already created and moves THROUGH assets, from account to account.

Wed, 10/01/2014 - 16:57 | 5277084 g'kar
g'kar's picture

"Market is suspended. The system is centrally commanded until further order"

 

LOL 

Is that good or bad for the faux-market?

 


Wed, 10/01/2014 - 17:55 | 5277286 ekm1
ekm1's picture

Bad

Businesses need not to employ and expand output

They can simply do IPOs and have central command type up digits on computers

Wed, 10/01/2014 - 18:58 | 5277533 g'kar
g'kar's picture

It seems what you have been saying (MIC vs Banksters) seems to be coming to fruition at an increased pace. Funny too, that all these distractions (Ebola, Syriana bombings, etc..) popped up at this convenient time. 

Wed, 10/01/2014 - 16:05 | 5276871 aliki
aliki's picture

i seem to remember several CNBC regs laughing when IWM completed black/death cross. "you can't sell because of death crosses or death stars ... ha-Ha-HA!!!"

IWM black XXX occured at 114.50, spot = 107.85 so thats a 5.8% to the down in 8 days.

:)

Wed, 10/01/2014 - 16:07 | 5276876 starman
starman's picture

Welcome to the twilight zone! 

Wed, 10/01/2014 - 16:11 | 5276884 hobopants
hobopants's picture

Lets really break that mother fucker everyday around 3:30 and see how the "market" does.

Wed, 10/01/2014 - 16:09 | 5276891 Frank N. Beans
Frank N. Beans's picture

if you prefer market volatility over low-volume low-volatility, you are a terrorist

 

Wed, 10/01/2014 - 16:58 | 5277101 LawsofPhysics
LawsofPhysics's picture

If you think it's okay to sell, you're a terrorist...

Wed, 10/01/2014 - 16:10 | 5276894 Keltner Channel Surf
Keltner Channel Surf's picture

Aha, that explains why the 'surprising' late ramp so tragically lost its tumescence . . .

Wed, 10/01/2014 - 16:13 | 5276914 Consuelo
Consuelo's picture

'By End of December' - Harvey Organ...?

Wed, 10/01/2014 - 16:15 | 5276925 Bastiat
Bastiat's picture

Does anyone else get the sense that things, generally, are accelerating?

Wed, 10/01/2014 - 16:29 | 5276979 NotApplicable
NotApplicable's picture

So... you're saying that the turd might not float much longer, getting closer to the bottom of the bowl?

Wed, 10/01/2014 - 16:50 | 5277071 JuliaS
JuliaS's picture

We've had days like these. They've been followed by "like nothing ever happened" recoveries. There is no big new on the horizon. Ebola, on my radar, doesn't even register. Used to be a flu season. Now it's an Ebola season. Big deal. Market doesn't give a damn.

Bombing Syria? US's been itching to do that for some time. No surprises there. ISIS does what ISIS does. Bonds? Yields are steady. Nothing we haven't seen. No surprise QE. Nothing. Not a news cannot be papered over.

Chinese demonstrations... that's somewhat new, due to the fact that somehow the same thing that has been happening before now breaks across the media boundaries. The demonstrations themselves, however, aren't new. Only the fact we're hearing about them.

Russia, Ukraine, Arctic oil discovery? Pfft. All non-events, economically speaking.

Today's just like any other day. ZH gets a buzz going when the stocks drop, but this is nothing. Open a 12 months chart for every major index. Nothing out of the ordinary. Just another day.

Wed, 10/01/2014 - 17:01 | 5277110 LawsofPhysics
LawsofPhysics's picture

"Chinese demonstrations... that's somewhat new, due to the fact that somehow the same thing that has been happening before now breaks across the media boundaries. The demonstrations themselves, however, aren't new. Only the fact we're hearing about them."  -  yes, I will only add that Hong Kong is unique and has a colorful past due to it's inhibitants and strategic location for trade etc.

But at the end of the day, the British boot is gone, say hello to the Chinese boot...

Wed, 10/01/2014 - 17:14 | 5277154 Think Like A Crook
Think Like A Crook's picture

Dude, this things been putting in a top for 6 months. Just like 2007.

Wed, 10/01/2014 - 16:18 | 5276936 Yen Cross
Yen Cross's picture

 I'm trying to remember the time we had a quarter open down in the equity markets.

  It's more rare than spotting a Sasquatch.

Wed, 10/01/2014 - 16:37 | 5277013 LawsofPhysics
LawsofPhysics's picture

Well, as for me, I got FAZ'ed again...

Wed, 10/01/2014 - 19:17 | 5277573 deflator
deflator's picture

 VIX is better than FAZ. I wouldn't touch FAZ with a 10 foot pole.(unless I could back up the truck short and never cover) Conservatively you can get VIX @ below 12 and reliably sell at 15-16 with regularity. Watch them fuckers slam it back into the 11's in the next week or two then back over 17.

Wed, 10/01/2014 - 20:33 | 5277802 optimator
optimator's picture

They did it 'cause they saw me get in TVIX

Wed, 10/01/2014 - 16:44 | 5277051 BigRedRider
BigRedRider's picture
VIX Options Halted As CBOE Breaks

 

TURN THE MACHINES BACK ON...TURN THE FUCKING MACHINES BACK ON...............

Wed, 10/01/2014 - 18:26 | 5277394 orangegeek
orangegeek's picture

I feed my unicorn lots of skittles.

 

 

Wed, 10/01/2014 - 18:38 | 5277428 highwaytoserfdom
highwaytoserfdom's picture

Quarter ending window dressing turned  TOTO the reality DOG rip the curtain off of  the Wizard...

Hideleburg presses ran out of paper.turning to Hindenburg..  Oh wait blame it on Koch they own the paper mills..  Bad Bad boys..   listen to Teper BTFD BTFD.....   

These sycophant murders actually think they can remove the mark of Cain by printing...  Kinda think they are handing out smallpox blankets again  you know like  Native Americans 2.0....   

http://highrisesafetynyc.org/

Send Neo-cons to save Africa not Millitary.

 

Wed, 10/01/2014 - 19:48 | 5277679 lasvegaspersona
lasvegaspersona's picture

Did Adam have the mark of Cain? Poor dude, got mixed up with the wrong woman, had a couple of kids, one turned out bad. Of 2 sons only one lived and the line died out because there were no women...did I miss something?

Oh yeah..what does it all have to do with VIX...

Wed, 10/01/2014 - 20:39 | 5277817 CamoZ
CamoZ's picture

Only so long can you live in a paper box...IN THE RAIN!

Wed, 10/01/2014 - 22:17 | 5278175 gann1212
gann1212's picture

one thing imo in the kind of decline we are having the vix must rise. its the only way to stop it. so it will rise and everything associated with it, or we will just keep falling and falling. somehow this decline feels different to me than everything else we have seen in a long long time. all fwiw who knows

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