Insights — Nαtions Indexes
New: Nations Indexes now covers Bitcoin volatility. Explore BitVol →
Insights

What options are saying
right now.

Weekly analysis from Scott Nations — data-driven, options-powered, and ahead of the headlines.

Latest Issue
May 16, 2026
Rates Spike. Stocks Crack. Options Have an Opinion.

The sudden rise in Treasury yields cracked equities this week — but did options see it coming? We dig into what VolDex®, TailDex®, and the Investor Optimism Index were signaling before the move, and what they say could happen next.

VolDex®
18.4 ↓ −1.2
TailDex®
22.1 ↑ +0.7
Optimism
85.78
Read the full analysis
OPTIMISM INDEX
82.4
Three Fridays, Three New All-Time Highs. What Do Options Say?

TailDex® isn't convinced. Here's why the market's euphoria may be masking elevated tail risk.

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VOLDEX® S&P 500
19.6
S&P Powers to New High — So Does Crude. Options Have a View.

Both markets hitting highs simultaneously — a rare setup options traders should watch closely.

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TAILDEX® S&P 500
19.2
S&P At New High Despite Higher Crude. Options Have an Opinion.

TailDex® falls back — but is the complacency warranted?

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OPTIMISM INDEX
63.1
Rates Spike. Stocks Crack. Options Had an Opinion.

When Treasury yields jumped 40bp in a week, VolDex® was already signaling trouble. Here's the full breakdown.

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RISKDEX® S&P 500
1.31
The Market Is Smiling — Options Are Frowning.

RiskDex® flashing a bearish lean while price action looks constructive. Which signal wins?

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BITVOL
58.4
Bitcoin Breaks $100K. What Do Options Think Comes Next?

Nations BitVol paints a complex picture at this historic level. Here's what the data says.

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