Dark Theme
Light Theme
Trading Articles
Article Categories
Article Tools
Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to
register in order to view the content of the threads and start contributing to our community.
It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Updated June 4, 2024
Top Posters
looks_one
SMCJB
with 683 posts (1,274 thanks)
looks_two
mfbreakout
with 303 posts (479 thanks)
looks_3
WilleeMac
with 275 posts (218 thanks)
looks_4
ron99
with 165 posts (262 thanks)
Best Posters
looks_one
SMCJB
with 1.9 thanks per post
looks_two
mfbreakout
with 1.6 thanks per post
looks_3
ron99
with 1.6 thanks per post
looks_4
WilleeMac
with 0.8 thanks per post
trending_up
661,871 views
thumb_up
3,558 thanks given
group
286 followers
forum
2,697 posts
attach_file
644 attachments
December 1st, 2016, 08:14 AM
Prospect, KY. USA
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617
Interesting
Samir (Sam) Madani @Samir_Madani 16m16 minutes ago
I call COMPLETE and UTTER BS that #Iraq will cut while #Iran boosts production! They share 5 fields together. 2 straws, one cup! #OPEC #OOTT
More at #OOTT
-William
December 1st, 2016, 10:19 AM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,057 since Dec 2013
Thanks Given: 4,399
Thanks Received: 10,225
DaxyMcDaxFace
What does he mean by
volatility products?
You can trade oil volatility with options/futures......?
Apols if misunderstood.
Probably means OVX.
Maybe not important but I believe OVX is based upon the ETF USO's options and not CL options.
December 1st, 2016, 10:35 AM
Prospect, KY. USA
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617
SMCJB
Probably means OVX.
Maybe not important but I believe OVX is based upon the
ETF USO's options and not CL options.
Yes sir, CBOE
-William
December 1st, 2016, 11:07 AM
Oakland, CA
Experience: Intermediate
Platform: IB, TOS
Trading: ES
Posts: 197 since Jul 2015
Thanks Given: 189
Thanks Received: 317
There might be some exploitable edge tracking OVX but only for HFT . To the human eye they are effectively lockstep.
Sent from my iPad using NexusFi mobile app
December 1st, 2016, 11:10 AM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,057 since Dec 2013
Thanks Given: 4,399
Thanks Received: 10,225
@Redhouse not sure I understand. What is OVX effectively lockstep with?
December 1st, 2016, 09:37 PM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,057 since Dec 2013
Thanks Given: 4,399
Thanks Received: 10,225
Big 2 day move...
But what's interesting to me is how the spreads changed...
So in $6 move, all the front month spreads where virtually unchanged, while spreads 6 months down the curve moved 20c!
This creates the situation that in a $6 move, the front 7 butteflies declined!
December 2nd, 2016, 06:20 AM
Kyoto, Japan
Market Wizard
Experience: Intermediate
Platform: TW TOS LiveVol
Broker: TD, TW, IB, Saxo
Trading: VXX, VIX, SPY
Posts: 1,326 since Oct 2013
Thanks Given: 844
Thanks Received: 1,416
They frequently discuss OVX on Volatility Views. I don't think there is a "volatility product" based on it.
In the volatility trading space, "volatility products" usually refers to VIX options, VX futures, and the ETFs and ETNs.
I took that as an ironic comment.
December 2nd, 2016, 08:24 AM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,057 since Dec 2013
Thanks Given: 4,399
Thanks Received: 10,225
suko
They frequently discuss OVX on
Volatility Views. I don't think there is a "volatility product" based on it.
In the volatility trading space, "volatility products" usually refers to
VIX options, VX futures, and the
ETFs and ETNs.
I took that as an ironic comment.
The CBOE used to list a futures contract , "OV" I believe, that was based upon the OVX but I believe they discontinued it as it didn't trade.
December 2nd, 2016, 09:29 AM
Prospect, KY. USA
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617
I could be wrong but somebody is trading (??) OVX
-William
December 2nd, 2016, 09:42 AM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,057 since Dec 2013
Thanks Given: 4,399
Thanks Received: 10,225
I think you'll find OVX is just a calculated index.
Last Updated on June 3, 2024