Volatility Views 282: FINRA VXX Smackdown, Plus VIX Stupids

Published: Nov. 20, 2017, 8:15 p.m.

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

The numbers:

  • VIX Cash - Back above 12, briefly
  • Bitcoin vs. VIX - What Has Been More Volatile in 2017?
  • VVIX - 100.15
  • CBOE Skew Index - 136

Russell's Weekly Rundown

  • VIX Options: ADV - 739k, VIX Call/Put - 3.7, Total 9.69m (7.64m Calls, 2.05m Puts)
  • FINRA Orders Wells Fargo to Pay $3.4M over Volatility-Linked ETPs

Volatility Voicemail: Stream of consciousness questions and comments

  • Question from Andrew Giovinazzi\\u200f - Why is the rock lobster so handsome?
  • Comment from David - $VXX is clearly the worst ETF. It has destroyed pretty much all of the value invested in it since inception. Or does that make it the best if you're short?
  • Comment from OphirGottlieb - $VIX hello, friend. I've missed you. You appear to want to stay this time. @Options @RussellRhoads
  • Comment from SaqibReports - Shhh. You will scare it away!
  • Question from Lonesome - Could you tell us the process of how options market makers mitigate risk/remain delta neutral?

Crystal Ball: Wild and reckless prognostication.

Last week:

  • Mark L. - 9.65
  • Mark S. - 9.99
  • Russell - 9.15

This week:

  • Mark L. - 9.75
  • Mark S. - 9.99
  • Russell - 10.59
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