Thursday, April 25, 2013

CBOE delays opening for 'downloading' problem

This is an unprecedented series of events that is unfolding this week. First, the flash crash that saw $136.5 Billion erased; Now, the CBOE is closed. No trading has been available on the exchange all day. Anyone holding positions in S&P 500 options or $VIX is completely handcuffed right now.
The full moon arrives at 16:00GMT and has had an uncanny effect of turning the tide in the financial markets. If the market crashes here, people are going to lose an enormous amount of money!