Preview Mode Links will not work in preview mode

Volatility Views

Volatility Views is the premier radio program for volatility traders. From interviews with leading industry guests to detailed analysis of volatility products, this program takes you inside the world of volatility trading like never before. If you are an experienced options trader looking to expand your understanding of volatility, or if you are simply curious about VIX and other volatility products, then this is the program for you.

Sep 11, 2017

Volatility Review: A look back at the week from a volatility perspective

  • Shortened holiday week hit with a never-ending parade of hurricanes
  • Don't forget North Korea
  • Oh, and the President
  • Bonds are screaming
  • August options volume is strangely high. So much for vacationing for the month
  • VIX up into the 12-handle. Will it hit the low teens?
  • VIX Cash: High of 14.06 on Tuesday
  • VVIX: 99
  • CBOE SKEW Index: 135.39 - 5 points higher than last week

Russell's Weekly Rundown:

  • Will people start using weekly options on Monday for the upcoming week's risk?
  • CME Fed tool has next potential rate hike at next August, and only 50-50
  • Why are people buying vol into the weekend?
  • VIX Options on this short week: ADV - 796K; Thurs. - 894K; Weds. - 603K; Tues.- 1.16M; Mon. - Closed.
  • VIX Call/Put: 3.4

Hot VIX Strikes:

  • 635482 .VIX Oct 18th 25.0 C, chg +4681
  • 460502 .VIX Sep 20th 20.0 C, chg -6238
  • 414217 .VIX Oct 18th 12.0 P, chg +13048
  • 376664 .VIX Oct 18th 15.0 C, chg -70943
  • 285530 .VIX Sep 20th 18.0 C, chg +3297
  • 268153 .VIX Sep 20th 21.0 C, chg -14404
  • 265517 .VIX Sep 20th 23.0 C, chg -1246
  • 259376 .VIX Sep 20th 17.0 C, chg -226
  • 251586 .VIX Sep 20th 19.0 C, chg +1678
  • 249889 .VIX Oct 18th 20.0 C, chg -149520
  • Total 12.5m (9.43m Calls, 3.03m Puts)

Volatility Voicemail: Listener Questions and Comments

Options Question of the Week:

As Q4 looms, where are you placing your bullish #Volatility bets? Which has most #Upside by end of 2017? $VIX $AMZN #WTI $GVZ

  • Gold Volatility
  • Crude Oil Volatility
  • S&P 500 Volatility - VIX
  • Single Names - $AMZN, etc

Listener Questions:

  • Question from Elbu: Seems like everyone is jumping on the short $VIX bandwagon these days. Since when does the NYT cover volatility trading? RE: this article - Day Trading in Wall Street's Complex "Fear Gauge" Proliferates
  • Question from Elly: What's the ideal month/strike combo when buying puts on VXX? 6 months / 25% OTM?

Crystal Ball: Wild and reckless prognostication

Where do the hosts think the VIX will close next week?

Last Week

  • Mark L.: 10.15
  • Mark S.: 10.65
  • Russell: 11.11

This Week

  • Mark L.: 11.5
  • Mark S.: 11.01
  • Russell: 12.25