Last week, equity markets experienced a sell-off driven by disappointing earnings from the Technology sector, with the SPX Index falling 1.8% and the QQQ down 3.5%. Despite this, implied volatility in options markets remained relatively muted, indicating limited panic among investors. The VIX Index, a measure of market volatility, stayed around 19.5%, which is high but stable, while the skew in SPX options remained steep, suggesting cautious sentiment. This calm in volatility despite the sell-off highlights a measured market response rather than fear-driven trading.
While the tech sector faced a sell-off last week, CBOE stock on Pluang shows resilience, trading at USD 350.93 as of Nov 03, 2026 01:52 WIB, up 4.56% on the day and close to its 52-week high of USD 366.70. This contrasts with the broader tech-focused QQQ index which fell 3.5%. Despite the recent market jitters, CBOE’s dividend yield remains steady at 1.03%, and the majority of Pluang users are selling rather than buying, with 84% sell orders, indicating cautious positioning among investors.
