Volatility Views 258: Testing Historic New Lows in VIX

Published: June 12, 2017, 7:03 p.m.

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

  • VIX hits a new low of 9.37
  • Comey's testimony fails to move the needle
  • Maybe Britain will provide the spark VIX needs?
  • VIX Cash - 9.47, VVIX - 83.28, almost unchanged from last week.
  • CBOE Skew Index - 127.09, slightly higher than least week.
  • VIX Futures - still steep. Front month - 1.5, Second month - 2.3

Russell's Weekly Rundown:

  • VIX Options, Mon - 459k, Tues - 473k, Weds - 453k, Thurs - 473k, ADV - 722k. VIX Call/Put: 3.3/1. Total 9.20m (7.06m Calls, 2.14m Puts)
  • VXX - ADV 356k, OI - 1.2/1 calls over puts.
  • OIV - 32.31
  • OVX - 33.84

Volatility Voice mail: Questions, comments, polls and more!

With $VIX giving up the ghost - which products are you hoping will provide new sources of #Volatility for your #options trading?

  • Crude Oil (WTI, etc)
  • Metals ($GLD, $SLV, etc)
  • FX (GBP/USD, etc)
  • Indv. Equities-$TSLA, etc.

Listener Questions and comments

  • Comment from John King - #Fired #FBI director completes televised #Testimony negative for sitting #president & #VIX DOWN .41 to 9.98. Just plain crazy. @Options #USA
  • Comment from AGTrader - God help them when they have to all cover at once.

Crystal Ball: Your prognostication headquarters

This week:

  • Mark L. - 9.75
  • Mark S. - 10.5
  • Russell - 11.23

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