Profitsee – Future Economic Surivival

Divinations in Forex, Commodities and Economic Patterns

Example of a capturing VIX using a binary

Today’s USD reports before 8:30 AM EST were as follows:

  • USD Initial Jobless Claims (MAR 10) 12:30 8:30 328K 328K

  • USD Continuing Claims (MAR 3) 12:30 8:30 2526K

  • USD Producer Price Index (MoM) (FEB) 12:30 8:30 0.4% -0.6%

  • USD Producer Price Index Ex Food & Energy (MoM) (FEB) 12:30 8:30 0.2% 0.2%

  • USD Producer Price Index (YoY) (FEB) 12:30 8:30 0.2%

  • USD Producer Price Index Ex Food & Energy (YoY) (FEB) 12:30 8:30 1.8%

  • USD Empire Manufacturing (MAR) 12:30 8:30

Here is a “before and after” view of HS on the 10AM EST BINE:

hs4.PNG

Here’s an example of a modest VIX move at 8:30 am, enough to hit the bids on the 10am 1.3200 contract. Pre-830am, there were was neither volume nor open interest on this contract. Post-8:30AM, the 1.3200 bid resulted in 8 bought with the last price at 62. Since EURUSD was coming off S1 levels at the beginning of this morning’s EUR trading, buying into downside VIX was the profitable thing to do at 1.3200.

I assume that the 8 Volume and 8 Open interest indicates is indicative of 1 entity. The trade(s) were set up with a pre-set bid and pre-set ask. of 16 contracts (e.g. Pre-8:30 am, the trade was bid around 40-50. Then it hit. 8 contracts were sold  at 62, while the other 8 were held until 10am expiration.

 

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