• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
  • CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
  • MIAX HOT SEAT GUEST: DAVE LINCOLN, THE SHORT VOL SHOW

VOLATILITY REVIEW

  • Trade war premium came and went.
  • SPIKES 15.75, down 4.25-points from last show
  • VIX Cash – 15.5, 4-points lower than last week
  • VVIX 95, 8-points lower than last show
  • VIX Options – ADV: 668k, Total 10.2m (7.42m Calls, 2.73m Puts)
  • VXX 28, 2-points lower than last show

Earnings Highlights:

  • Thursday – Walmart, Nvidia, Pinterest
  • Friday – John Deere

VOLATILITY VOICEMAIL

  • Comment from J3Dingle – I saw on Bloomberg that one of the 20+ Democrats running for president owes UVXY in size in his portfolio. That alone should be a disqualifying factor.
  • Question from T Lima – Heard you guys hitting on 1×2 put spreads in vix. What about VXX? There are lots of juicy puts 1x2s lining up for small outlays and maybe even credits. I’m looking at Dec 28-23 1×2 that I can do for around $.45-$.65. There are similar spreads lining up across the term structure. Also – Do you have a preference to longer term or shorter term when trading 1×2 put spreads in these products?

CRYSTAL BALL

Next week:

  • MARK: 14.75
  • Andrew – 14.25
  • Dave – 16.00