Volatility Views 136: Oil Volatility and VXST Volume

Volatility Review: The week in vol

VIX Cash: VIX rallies – the market rallies has been a big story of this week. A lot of outlets have been jumping on the train.
VIX Options: 2.3/1 call/put
VXST: A decent week from a volume perspective. OI now at 10,244 (8,015 Calls/2,229 Puts)
Introducing the launch of Treasury VIX futures.
Crude Vol: XLE, Brent and WTI

Listener Mail: Listener questions and comments

Question from Timinc – Hello volatility views hosts. I appreciate your fine program although much of it exceeds my expertise. My question involves the Black-Scholes formula. I?m a student studying quantitative finance and we?re learning about this formula now. My professor stresses the value of this formula but is it still widely used in industry? Do I need to study Black-Scholes in order to get a derivatives quant or modeling job after I graduate?
Question from Alan Baxter – What is the best source for data on trading activity in the volatility swaps market?

Crystal Ball: Reckless, wild prognostication ensues. Jared flies solo in looking at the year ahead.