Volatility Views 325: VIXocalypse Redux

Published: Oct. 15, 2018, 7:03 p.m.

Volatility Review: VIX Cash - 22.35, 6 point from last show, up nearly 10 points from two weeks ago. VVIX - 126, 15 handles higher than last show, 34 higher than two weeks ago. VIX Options - ADV: 541k, VIX call/put: 2.7/1, Total 9.53m (6.93m Calls, 2.60m Puts), VXX - 35.65, 9 points higher than last show.

Volatility Voicemail: Listener questions and comments

  • Comment from DelVecchio - Dude WTF #VIX.
  • Comment from XXX - "THERE IS A SPECIAL PLACE IN HELL FOR PEOPLE WHO QUOTE VIX AS A PERCENT."
  • Comment from Martin Ryan - XIV imploded. TVIX is alive and kicking - I've used it for years. The other options have their advantages and disadvantages too - good luck trying to get a reasonable fill from options traders in a fast market. At least with an ETF or ETN I have liquidity...
  • Question from Grigs - Why would shorting volatility during VIX futures contango fail?
  • Question from JasonNolk - Suggestions on how to be best net neutral here?

Crystal Ball: Wild and reckless prognostication

Last week:

  • Mark L. - 12.55
  • Andrew - 13.25

This week:

  • Mark L. - 17.65
  • Andrew - 26.01