Volatility Views 215: The Vanishing VIX

Published: Aug. 1, 2016, 7:15 p.m.

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

  • VIX Cash: 12.39
  • VVIX: 89.33. Back below 100, but still elevated

Russell's Weekly Rundown

  • VIX Options: A light options week
  • Mon: 625k, Tues: 415k, Weds: 534k, Thurs: 475k; Total 6.07m (4.17m Calls, 1.91m Puts)
  • CBOE quarterly profits jumped 13.6 pct on increased volatility
  • Options traders are feeling good about Alphabet shares.
  • Crude Oil: OIV: 42.91; OVX: 42.33

Volatility Voicemail: Listener questions and comments

  • Question from DK from DC: What is the difference between the front month VIX future and the VIX cash?
  • Question from Big Jim Wheeloff: Why are options so damn expensive? At this rate I will go broke hedging my 401k.

Crystal Ball: VIX predictions

Last week:

  • Mark L.: 11.5
  • Andrew: 9.5
  • Russell: 17.35
  • Bill Luby (Guest from last week): 12.71

This week:

  • Russell: 13.05
  • Andrew: 12.40 (with an 11-handle dip)
  • Mark L.: 11.75