Market Overview

Brian Stutland Sees Unusual Options Activity In VIX

Share:

Brian Stutland spoke on CNBC's Options Action about unusually high options activity in VIX options.

He said that put options volume was three times higher than the call options volume and over 230,000 contracts of the February 14 puts were purchased. Stutland believes that the ECB's stimulus will drive the VIX lower.

He thinks that the market is reaching a top when the VIX is trading close to 16 and when that happens traders should look to buy hedges. When it is trading close to 22, that is the time to buy stocks, believes Stutland.

 

Related Articles

View Comments and Join the Discussion!

Posted-In: Brian Stutland CNBC Options ActionOptions Media Trading Ideas