Volatility Views 290: VIX Whales and Bitcoin Options

Published: Jan. 22, 2018, 6:18 p.m.

Volatility Review: Government shutdown moves the market going into the weekend. VIX cash is firmly back in the double digits.

Russell's Weekly Rundown:

  • ADV - 746k, VIX call/put - 4.6, Total 10.1m (8.29m Calls, 1.82m Puts
  • Looking back on the VIX whale from last Wednesday.
  • Earnings volatility this week.
  • January has been a rough month for Bitcoin.

Volatility Voicemail: Options question of the week.

Bitcoin futures are currently trading around $11,500. If options existed, how would you trade them? Assuming one-month to expiration would you...?

  • Buy 5% OTM Call
  • Buy 5% OTM Put
  • Sell 5% OTM Covered Call
  • Just Short the Future

Listener questions and comments:

  • Comment by TradingProverbs - "More money has been lost trying to anticipate and protect from corrections than actually in them." - Peter Lynch

Crystal Ball: Government shutdown related prognostication

Last week:

  • Mark L. - 9.55
  • Andrew - 9.95
  • Kevin - 9.75

This week:

  • Mark L. - 10.55
  • Mark S. - 10.00
  • Russell - 11.99
  • Matt - 11.50