https://www.cboe.com/insights/Cboe Insight Latest Feeds.en-usFri, 10 Jul 2026 00:00:00 -040060https://www.cboe.com/insights/posts/traders-focused-on-sk-hynixs-nasdaq-debut/Friday’s trading is mixed in the early going with all three major indices moving marginally off the flatline. This is not necessarily unusual, given it’s a Friday and its summer. In a news driven market that we’ve been experiencing of late, investors don’t want to be aggressive and possibly get caught up in news you can’t control over the weekend.JJ KinahanFri, 10 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/traders-focused-on-sk-hynixs-nasdaq-debut/todaysmarkettakehttps://cdn.cboe.com/insights/11b9355406f0440a8002aecc45b30b37https://www.cboe.com/insights/posts/traders-focused-on-sk-hynixs-nasdaq-debut/https://www.cboe.com/insights/posts/market-metrics-that-matter-derivatives-june-2026-volume-highlights/Cboe reported record monthly and quarterly volume across its four options exchanges, with a quarterly Average Daily Volume (ADV) of 21.9 million contracts and a monthly ADV of 23.0 million contracts. Cboe’s overall proprietary index options set a quarterly ADV record of 6.2 million contracts.Thu, 09 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/market-metrics-that-matter-derivatives-june-2026-volume-highlights/newshttps://cdn.cboe.com/insights/834bd488eee24f2db0995302e95727b1https://www.cboe.com/insights/posts/market-metrics-that-matter-derivatives-june-2026-volume-highlights/https://www.cboe.com/insights/posts/market-metrics-that-matter-u-s-cash-equities-june-volume-briefing/Cboe’s market activity increased in June with a record Average Daily Volume (ADV) of 23.3 billion, a high not seen since March 2020. Cboe's share of addressable market share increased to 21.9%, attributable to the continued adoption of premium products and Exchange Traded Fund (ETF) listings.Thu, 09 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/market-metrics-that-matter-u-s-cash-equities-june-volume-briefing/newshttps://cdn.cboe.com/insights/b3ac059d15724704a7be25267523b096https://www.cboe.com/insights/posts/market-metrics-that-matter-u-s-cash-equities-june-volume-briefing/https://www.cboe.com/insights/posts/markets-appear-to-be-shaking-off-mideast-conflict/It looks like it could be another day of intraday volatility in trading. The three major indices are trying to stay on an upward climb in the early going as investors try to wrap their heads around the rocky geopolitical tensions in the Middle East while largely discounting the action there.JJ KinahanThu, 09 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/markets-appear-to-be-shaking-off-mideast-conflict/todaysmarkettakehttps://cdn.cboe.com/insights/c3c4e3c91aaa4b85b187122f7e6ba5c0https://www.cboe.com/insights/posts/markets-appear-to-be-shaking-off-mideast-conflict/https://www.cboe.com/insights/posts/index-insights-june-2026/U.S. equities were mixed in June as market leadership broadened beyond the mega-cap technology stocks that had driven much of the year's gains. The Russell 2000® Index advanced 3.6%, outperforming the S&P 500® Index, which declined 1.1%, while the Cboe S&P 500 Equal Weight Index (SPEQX) gained 2.2%. Wed, 08 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/index-insights-june-2026/newshttps://cdn.cboe.com/insights/65e6c260e7704006a265878e97c3aa4bhttps://www.cboe.com/insights/posts/index-insights-june-2026/https://www.cboe.com/insights/posts/markets-trade-lower-and-crude-oil-spikes/Brace yourself for a possibly rough day of trading. The three major market indices were drenched in red in the early going as investors reacted to escalating geopolitical issues between the U.S. and Iran.JJ KinahanWed, 08 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/markets-trade-lower-and-crude-oil-spikes/todaysmarkettakehttps://cdn.cboe.com/insights/9463c1e242284001a1ac1a5d9a4e6abbhttps://www.cboe.com/insights/posts/markets-trade-lower-and-crude-oil-spikes/https://www.cboe.com/insights/posts/nasdaq-dominates-again-falling-after-samsungs-blockbuster-estimates/In the on-again, off-again rotational trading episodes that have defined much of the movement through the top three major indices in recent weeks, the spin is back on technology stocks. Chip stocks are tumbling in the early going today after taking over market activity yesterday, pushing all three to the upside, even if was just barely.JJ KinahanTue, 07 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/nasdaq-dominates-again-falling-after-samsungs-blockbuster-estimates/todaysmarkettakehttps://cdn.cboe.com/insights/f9921fa3e850468b8043e5495ed4254ahttps://www.cboe.com/insights/posts/nasdaq-dominates-again-falling-after-samsungs-blockbuster-estimates/https://www.cboe.com/insights/posts/market-metrics-that-matter-cboe-fx-june-volume-highlights/In June 2026, Cboe FX Spot Average Daily Volume (ADV) reached $59.6 billion, a 23.4% increase versus June 2025's ADV of $48.3 billion. Cboe SEF ADV1 topped $4.6 billion, representing a 59.0% increase from $2.9 billion in June 2025.Tue, 07 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/market-metrics-that-matter-cboe-fx-june-volume-highlights/newshttps://cdn.cboe.com/insights/af38e55cd8344ae481a11ed4a99887bdhttps://www.cboe.com/insights/posts/market-metrics-that-matter-cboe-fx-june-volume-highlights/https://www.cboe.com/insights/posts/markets-are-mixed-after-long-holiday-weekend/The markets are mixed in the early going as investors check in after the long holiday weekend. The Dow Jones Industrial index was hugging the flat line, slipping slightly while the S&P 500 was heading slightly higher by 0.35%. JJ KinahanMon, 06 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/markets-are-mixed-after-long-holiday-weekend/todaysmarkettakehttps://cdn.cboe.com/insights/8e0a13ad539f4bb08d55ccd845a5759bhttps://www.cboe.com/insights/posts/markets-are-mixed-after-long-holiday-weekend/https://www.cboe.com/insights/posts/stock-dispersion-jumps-as-the-equity-rally-broadens/Implied volatilities declined across asset classes last week in a shortened holiday week. Risk sentiment improved, even as US jobs number disappointed, as the risk of imminent Fed tightening declined, with the first fully priced-in rate hike now pushed out to Dec from Oct. With the normalization in oil volatility, gold remains the only major asset class where implied volatility is still trading at elevated levels (almost 2 std dev above average). Realized volatility in gold is up 10 pts over the past month as gold prices have continued to tumble, down another 11.7% in June (its worst monthly performance since Oct 2008). Learn more in this week’s Macro Volatility Digest.Mandy XuMon, 06 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/stock-dispersion-jumps-as-the-equity-rally-broadens/macro_volatility_digesthttps://cdn.cboe.com/insights/653537e6f4b9463ea12fb718eb28c481https://www.cboe.com/insights/posts/stock-dispersion-jumps-as-the-equity-rally-broadens/https://www.cboe.com/insights/posts/stocks-inch-higher-ahead-of-holiday-weekend/The markets are crawling into positive territory in the early going as our country – and investors – are prepping for the nation’s 250th anniversary of the day the Continental Congress adopted the Declaration of Independence. As a reminder, the bond market closes at 2 p.m. ET today, and the New York Stock Exchange and the Nasdaq will shut down tomorrow for the long holiday weekend.JJ KinahanThu, 02 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/stocks-inch-higher-ahead-of-holiday-weekend/todaysmarkettakehttps://cdn.cboe.com/insights/7acc669a01f24393a0e16bc89c446425https://www.cboe.com/insights/posts/stocks-inch-higher-ahead-of-holiday-weekend/https://www.cboe.com/insights/posts/markets-taking-a-break-after-epic-quarter-crude-falls/After a blockbuster ending to a remarkable quarter, the markets seem to be taking a break as we enter the third quarter, wallowing slightly below the flat line in the early trading. The Dow Jones Industrials is off by 0.19% while the S&P 500 is slipping by 0.21%. The Nasdaq Composite is gaining more momentum to the downside, moving toward a 1% decline.JJ KinahanWed, 01 Jul 2026 00:00:00 -0400https://www.cboe.com/insights/posts/markets-taking-a-break-after-epic-quarter-crude-falls/todaysmarkettakehttps://cdn.cboe.com/insights/44391bbd06154201ae50c323ef12c3echttps://www.cboe.com/insights/posts/markets-taking-a-break-after-epic-quarter-crude-falls/https://www.cboe.com/insights/posts/beyond-et-fs-how-derivatives-tokenization-are-reshaping-crypto/Crypto has entered a new phase following the introduction of spot ETFs. What was once a retail-driven asset class is now increasingly institutional, with ETFs creating a durable bridge between traditional portfolios and digital assets. Institutional demand for ETF exposure has translated into higher activity on regulated derivatives platforms. This activity has strengthened the role of regulated venues, deepened cross-market liquidity, and forged durable structural links between crypto and traditional portfolio infrastructure. Read more in the latest Volatility Insights.Wei LiaoTue, 30 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/beyond-et-fs-how-derivatives-tokenization-are-reshaping-crypto/volatility_insightshttps://cdn.cboe.com/insights/c8b3c0eea79f4bdcb9cdb3aa173f0629https://www.cboe.com/insights/posts/beyond-et-fs-how-derivatives-tokenization-are-reshaping-crypto/https://www.cboe.com/insights/posts/quarter-ends-on-high-notes-across-the-board/Today marks the end of what is turning out to be a monster first half for the markets. All three major indices are chalking up “best-of” quarters despite the rocky geopolitical issues and choppy trading that has been prevalent across the board during the period.JJ KinahanTue, 30 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/quarter-ends-on-high-notes-across-the-board/todaysmarkettakehttps://cdn.cboe.com/insights/8cc9b4da477746f3b49c6e7ca3107572https://www.cboe.com/insights/posts/quarter-ends-on-high-notes-across-the-board/https://www.cboe.com/insights/posts/volatility-traders-position-for-long-convexity-on-global-tech-consolidation/With the exception of equities and credit, implied volatilities amongst the major asset classes remained steady w/w following last week’s global AI/ Tech consolidation. Rate vols remain near one-year lows (2nd percentile) and treasury yields across the curve leveled off at slightly higher levels after jumping sharply post-FOMC. As oil prices and vols continue to fall, commodity traders are now looking to take advantage of the cheaper oil vols to hedge against the possibility of a supply driven rebound. Oil call skew is now noticeably steeper w/w with 1M 5-delta, deep out-of-the-money calls now trading at a 22 pt premium (+8pts w/w) vs at-the-money calls. Learn more in this week’s Macro Volatility Digest.Ed TomMon, 29 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/volatility-traders-position-for-long-convexity-on-global-tech-consolidation/macro_volatility_digesthttps://cdn.cboe.com/insights/c7bf0a35da7d43e4bfa620174ea5c9f9https://www.cboe.com/insights/posts/volatility-traders-position-for-long-convexity-on-global-tech-consolidation/https://www.cboe.com/insights/posts/stocks-on-comeback-trail-oil-rises-again/It looks like we’re back on the merry-go-round as stocks were rising across the board in the early going, shaking off last week’s harsh pullback as well as the weekend tensions between the U.S. and Iran that appear to be taking a pause.JJ KinahanMon, 29 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/stocks-on-comeback-trail-oil-rises-again/todaysmarkettakehttps://cdn.cboe.com/insights/79c83226d4bc407eb61da25397d18bdehttps://www.cboe.com/insights/posts/stocks-on-comeback-trail-oil-rises-again/https://www.cboe.com/insights/posts/tech-stocks-weigh-on-markets-nasdaq-on-track-to-post-worst-week/Erratic trading could rule the day again, as tech stocks command the limelight after a topsy-turvy week in which investors worldwide continue to question the wisdom of the AI boom given returns on investment are still in question.JJ KinahanFri, 26 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/tech-stocks-weigh-on-markets-nasdaq-on-track-to-post-worst-week/todaysmarkettakehttps://cdn.cboe.com/insights/353bf2e2656745c3a5d2e56f1f7b52bdhttps://www.cboe.com/insights/posts/tech-stocks-weigh-on-markets-nasdaq-on-track-to-post-worst-week/https://www.cboe.com/insights/posts/microns-earnings-outpace-expectations-markets-digesting-entire-sector/Micron’s extraordinary earnings last night lit a fire under markets across the world and particularly for memory chip makers. JJ KinahanThu, 25 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/microns-earnings-outpace-expectations-markets-digesting-entire-sector/todaysmarkettakehttps://cdn.cboe.com/insights/0ff101b8b9094eccbbc4fc9d7b245c73https://www.cboe.com/insights/posts/microns-earnings-outpace-expectations-markets-digesting-entire-sector/https://www.cboe.com/insights/posts/volatility-is-taking-a-breather-ahead-of-micron-earnings/A sense of calm is taking over the markets in early trading after the tech sector took a deep dive Monday and Tuesday. Oil prices are sliding again and tech investors are waiting on Micron’s earnings after the bell to give them insight on the trajectory and sustainability of AI spending.JJ KinahanWed, 24 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/volatility-is-taking-a-breather-ahead-of-micron-earnings/todaysmarkettakehttps://cdn.cboe.com/insights/43a0bc4f3c8c4434a6526a9d752bb432https://www.cboe.com/insights/posts/volatility-is-taking-a-breather-ahead-of-micron-earnings/https://www.cboe.com/insights/posts/global-tech-selloff-underway-hitting-broader-market-as-well/The markets are looking at steep declines in early trading amid a global tech selloff of tech stocks as investors worry about high-priced valuations and heavy AI spending. Yesterday’s tech drop triggered a global meltdown that pressed South Korea’s tech-heavy Kospi index 10% lower, off record levels.JJ KinahanTue, 23 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/global-tech-selloff-underway-hitting-broader-market-as-well/todaysmarkettakehttps://cdn.cboe.com/insights/838414824b444a839dcf4eeba50ee9bbhttps://www.cboe.com/insights/posts/global-tech-selloff-underway-hitting-broader-market-as-well/https://www.cboe.com/insights/posts/muted-stock-movement-marks-uncertainty-amid-iran-peace-talks/Investors appear to be hanging on the sidelines in the early going Monday as they await news of the progress of negotiations in the Middle East, which were paused over the weekend amid reports of escalating tensions and sharp rhetoric between the U.S. and Iran. JJ KinahanMon, 22 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/muted-stock-movement-marks-uncertainty-amid-iran-peace-talks/todaysmarkettakehttps://cdn.cboe.com/insights/1973dec3eb0243f4b1ab045abdee6c7fhttps://www.cboe.com/insights/posts/muted-stock-movement-marks-uncertainty-amid-iran-peace-talks/https://www.cboe.com/insights/posts/cross-asset-volatilities-decline-as-traders-pivot-away-from-hawkish-fed/Implied volatilities declined across the board last week as the markets pivoted away from a hawkish Fed to an intense but ultimately positive US-Iranian weekend negotiation to end hostilities. USO 1M 25-delta call skew is now lower vs pre-War levels (USO call implied volatilities trading +3pts above comparable put implied vols vs a pre-War skew differential of +15pts). Interest rate volatility per VIXTLT Index has declined to a 1 percentile low despite both, the Fed’s hawkish tone and Kevin Warsh’s removal of forward guidance which in theory increases uncertainty (and therefore implied volatility) about future policy. Nonetheless, the probability of a 2nd rate hike still remains low (36%). Learn more in this week’s Macro Volatility Digest.Ed TomMon, 22 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/cross-asset-volatilities-decline-as-traders-pivot-away-from-hawkish-fed/macro_volatility_digesthttps://cdn.cboe.com/insights/715891de606b436f8e924b596e622a55https://www.cboe.com/insights/posts/cross-asset-volatilities-decline-as-traders-pivot-away-from-hawkish-fed/https://www.cboe.com/insights/posts/bringing-real-time-u-s-options-analytics-to-apac-market-participants/U.S. options activity has been growing consistently as new traders enter the market, existing traders explore new strategies and products evolve to meet the needs of both groups. Overall options activity hit new highs in the first quarter of 2026, with market-wide Average Daily Volume (ADV) reaching 68.6 million contracts. Mon, 22 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/bringing-real-time-u-s-options-analytics-to-apac-market-participants/indiceshttps://cdn.cboe.com/insights/c710f842ba55457c805567e2458cf135https://www.cboe.com/insights/posts/bringing-real-time-u-s-options-analytics-to-apac-market-participants/https://www.cboe.com/insights/posts/markets-move-higher-to-recapture-gains-after-selloff/The markets were moving to the upside after it looked like buyers took a day off during yesterday’s trading, coupled with the volatility that typically accompanies triple witching and the immediate selloff after the Federal Reserve’s signal that interest rates could head higher later this year.JJ KinahanThu, 18 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/markets-move-higher-to-recapture-gains-after-selloff/todaysmarkettakehttps://cdn.cboe.com/insights/3e7412e534504f428364f6d7ffc4efc4https://www.cboe.com/insights/posts/markets-move-higher-to-recapture-gains-after-selloff/https://www.cboe.com/insights/posts/indices-barely-move-ahead-of-fed-interest-rate-decision/Investors are mostly standing on the sidelines in early trading ahead of the Federal Reserve’s first meeting with Kevin Warsh, the new chair of the Fed. They’re also again navigating the topsy-turvy movements that have dominated market activity in recent sessions as rotations in and out of technology stocks, coupled with geopolitical news, are leading the bumpy rides.JJ KinahanWed, 17 Jun 2026 00:00:00 -0400https://www.cboe.com/insights/posts/indices-barely-move-ahead-of-fed-interest-rate-decision/todaysmarkettakehttps://cdn.cboe.com/insights/8f51c5b5a70444329cde0e1e569ef744https://www.cboe.com/insights/posts/indices-barely-move-ahead-of-fed-interest-rate-decision/