Volatility Views 192: Crude Oil Crazytown

Published: Feb. 16, 2016, 6:22 p.m.

Volatility Review: Earnings Volatility: TWTR and TSLA. Presidents Day holiday weekend coming out aggressively.

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VIX Options:

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  • A strong volume week. 1.2M contracts Thursday.
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  • Total 6.87m (4.65m Calls, 2.22m Puts)
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  • What is going to goose the VIX?
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Crude Oil:

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  • Volatility remains elevated - Crazy OIV spike on Weds, over 100.
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Gold:

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  • GVZ 28.37 - extremely elevated!
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Volatility Voicemail: Listener questions and comments

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  • No love for daily options - Twitter poll has 40% of respondents saying "heck no" to dallies!
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  • Question from Hot Emini - There is a big disconnect in retail that Theta is all. But is vega not the king greek for pros? What about gamma? where does that fall in the mix?
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Crystal Ball: Highs in VIX?

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  • Russell - 25?
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  • Mark S. - 29/30?
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  • Mark L. - 23/24
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