Volatility Views 315: VIX Worm Turns, Plus FB, AMZN and More

Published: July 30, 2018, 5 p.m.

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

  • Trump threatens $500B more tariffs, the market still shrugs.
  • VIX Cash - 12.14
  • VVIX - 91, nine points lower than last week.
  • VIX Options - ADV: 460k, VIX call/put: 3.1/1, Total 6.44m (4.79m Calls, 1.64m Puts)
  • VXX - 30.5, ADV: 248k, Total 2.49m (1.20m Calls, 1.30m Puts)

Earnings:

  • Monday - Google
  • Tuesday - AT&T, Verizon
  • Wednesday - UPS, Boeing, Coca Cola, GM, FB, PayPal, Qualcomm
  • Thursday - Amazon, McDonalds, Comcast, Starbucks, Nokia
  • Friday - Twitter, Merck

Volatility Voicemail: Listener questions and comments?

  • Question from Vizinator - Are there $VXX equivalents for Nasdaq, Dow and Russell?
  • Comment from Paul F. - Andrew should change his VIX zones to go negative to indicate when VIX is in drawdown mode. Also, shame on him for nickeling Longo on Crystal Ball. He should lose just for that.
  • Question from Dawiz - Gun to head, best VIX options strategy? No dawdling. Top of your head.

Crystal Ball: Your prognostication headquarters

Last week's guesses:

  • Mark L. - 12.23
  • Andrew - 12.22

This week's guesses:

  • Mark L. - 12.45
  • Andrew - 13.25
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