Daily Options Report

Will not really The Extreme, but there are signs it's fulminating. This from Ryan Renicker of Newedge over on Minyanville.

SPY one-month implied volatility and SPY one-month realized volatility have come together, each at roughly 21.16%.

Perhaps one key conclusion I draw from this is that market complacency has finally set in! Of course, this is simply my opinion.

Some key factors supporting my conclusion:

1. Implied volatility has basically traded sideways since mid-September.
 

2. Realized volatility has been steadily increasing since mid-September.

3. Current implied volatility is roughly in line with what it was in mid- to late-September, during which time SPY realized volatility was hovering in the low teens.

For the balance of the post, click thru here.