Volatility Views 357: Talking Size Ratios in Spikes and VIX

Published: June 17, 2019, 6:18 p.m.

VOLATILITY REVIEW

Trade war premium back and forth.

SPIKES - 15.65, down 0.35 from last show

VIX Cash - 15.65, down 0.35 from last week

VVIX - 84.5, unchanged from last show

VIX Options - ADV: 482k, Total 8.04m (6.01m Calls, 2.03m Puts)

VXX - 27.67, slightly lower than last show

Earnings:

Tuesday\xa0- Dave & Busters

Wednesday\xa0- Lululemon

Thursday\xa0- Broadcom

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VOLATILITY VOICEMAIL

Question from Elliot - Looks like BTC is getting very volatile again. What are you seeing out there right now?\\

Question from GLN09 - Is there a bitcoin vix?

Question from Waterson - Can you explain more about the price dragging method in SPIKES. How exactly does that prevent what happened to the VIX from happening in spikes? Great show guys.

Comment from Pyon - ASo the judge ruled that CBOE didn\u2019t manipulate their product but they created a product that was susceptible to manipulation. Do you think this is the end of the lawsuits? In some way isn\u2019t that outcome even worse since they never fixed this thing until the lawyers came knocking? Just look at all the steps that SPIKES takes to avoid these same types of problems. Is it out of the question to expect CBOE to have taken similar steps or were they too afraid of hurting their golden goose product?

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CRYSTAL BALL