VIX Is Weird
Listen to Volatility Views 329: VIX Is Weird But Will Not Touch Your Kids
Volatility Review:
Earnings Highlights for the Week
- Tuesday – GE, Sony, BP, FB, eBay, Pfizer, Coca-Cola
- Wednesday – GM
- Thursday – Apple, Starbucks, Weight Watchers, Spotify, Cigna, Dow/DuPont
- Friday – ExxonMobil, Cboe, Alibaba, Chevron, Berkshire Hathaway
Volatility indicators:
- VIX Cash – 17.75, 2.75-points lower than last show
- VVIX – 100, unchanged from last show
- VIX Options – ADV: 618k, VIX call/put: 2.1/1, Total 9.40m (6.29m Calls, 3.11m Puts)
- VXX – 37.5, 3-points lower than last show
Volatility Voicemail: Options question of the week
We always like to take the pulse of our audience. This week we’re checking in on your favorite strategies. What is your go-to #options strategy?
- Butterflies
- Covered Call/Short Put
- Verticals, call or put
- Calendars/Diagonals
Listener questions and comments
- Question from Mina – Why is VIX so weird?
- Question from Holan – That Meatball guy says he gets paid to buy $VXX puts. How?
- Question from BD3 – Why no Nasdaq VIX futures? Why no options? Why can’t I trade VIX on Nasdaq?
Crystal Ball: Wild and reckless prognostication
Last week:
- Mark L. – 18.35
- Mark S. – 16.5
This week:
- Mark L. – 17.65
- Mark S. – 16.49