The Cboe Skew Index tracks the implied volatility of deep out-of-the-money options – that is, contracts that need a large move in the market before they come into play – on the S&P 500 .SPX. On Friday it surged a massive 9%.

by mark000 CHART of the Cboe Skew Index .SKEWX showing last Friday’s move Article from Thursday: www.nasdaq.com/articles/black-swan-index-flashes-yellow%3A-wall-street-is-not-scared-2019-12-12 NEW YORK, Dec 12 (Reuters) – The options-based Black Swan index may be … Read more

PG&E CEO resigning while the company is forced to use cash as collateral for power contracts

by COMPUTER1313   www.bloomberg.com/news/articles/2019-01-14/pg-e-ceo-is-said-to-leave-with-utility-at-brink-of-bankruptcy?srnd=premium The San Francisco-based company has begun a search for a new CEO following Williams’ departure, according to a statement issued Sunday. PG&E general counsel John Simon will … Read more