This week was yet another reminder of why you shouldn’t carry VIX options into settlement. It burned Russell Rhoads and somehow worked out for Mark Sebastian. Avoid the crapshoot? Want to know why? Listen now to Volatility Views.
“This was an insane week. They just jack this vol up fast and say come get it! The liquidity providers are going to err on the side of making options too expensive.” – Andrew Giovinazzi on this episode of Volatility Views.
“If you had told me that we would miss the jobs number by 750K and the SPX would be rallying, I wouldn’t have believed you.” – Mark Sebastian from Option Pit on this episode of Volatility Views.
“It looks like volatility has stopped dropping for the moment.” – Mark Sebastian on this episode of Volatility Views.
“The bloom seems to be coming off the volatility rose today.” – Andrew Giovinazzi on this episode of Volatility Views.
“Exchanges are always getting beaten up for how much we charge for data. But we want this data to be freely available to everyone. ” – John Smollen from the MIAX Exchange Group talking about this new shift tool – https://miax.shiftsearch.com. Learn more on this episode of Volatility Views.
“We’re finally seeing the return of the volatility hedgers in VIX.” – Mark Sebastian on this episode of Volatility Views.
“A lot of my metrics are set for 1 year. So they are starting to disappear off of my volatility charts right now. We’re going to lose that frame of reference.” – Tom Jarck from the MIAX Exchange Group on this episode of Volatility Views.
“I would love to see VIX close below 20 and remain there for a few days. That would be very bullish for the market.” – Brian Overby on this episode of Volatility Views.
Could we see a “gamma squeeze” actually suck down VIX below 20 this week? Debating with Mark Sebastian on this episode of Volatility Views.
“Skew is getting flat in NDX and that is usually a sign that we’re hitting a bottom in the selloff.” – Mark Sebastian on this episode of Volatility Views.
Is this a “spike” or a “swell” in the volatility market right now? Debating on this episode of Volatility Views.