VV 369: The Vol Worm Turns While VIX Gravity Battle Rages

Published: Sept. 16, 2019, 2:45 a.m.

  • Host: Mark Longo, The Options Insider Media Group
  • MIAX HOT SEAT CO-HOST:\xa0Dave Lincoln, The Short Vol Show
  • Co-Host: Andrew Giovinazzi, Option Pit

VOLATILITY REVIEW

Update on the latest trades, trends and developments in the world of volatility including:

  • JUDGING BY THE VOLATILITY MARKET YOU\u2019D NEVER KNOW THAT WE HAD A HISTORIC ATTACK ON THE OIL INFRASTRUCTURE THIS WEEK.

  • VIX cash, Spikes,VIX Futures and VVIX overview.\xa0

  • VIX options breakdown - decent volume week

  • Spikes options breakdown - 13.95 - DOWN .25 FROM LAST SHOW\xa0

  • VIX cash - 13.90 - ALMOST EXACTLY UNCHD FROM LAST SHOW\xa0

  • VVIX - 96.5 -\xa0DOWN 3 PTS FROM LAST SHOW \xa0

  • VIX Futures Curve - STILL IN CONTANGO.\xa0

    FROM MATT THOMPSON:\xa0

    • Spot $VIX "gravity" on VIX futures does not get stronger when the curve is steep.\xa0 In fact, the opposite.\xa0\xa0
    • Why?\xa0 Because steep curve = a lot of time to expiration.\xa0 and "gravity" has the greatest effect when a future is close to expiration
  • And much more...

THE CRYSTAL BALL

Where will VIX/SPIKES be next week?

  • MARK: 14.25
  • ROCK LOBSTER: 13.59
  • DAVE LINCOLN: 12:08