Careening towards crude oil craziness. Gold skew?extremely elevated. Listener questions, and where do the hosts predict a high in VIX?

Download Volatility Views 192: Crude Oil Crazytown

Volatility Review: Earnings Volatility: TWTR and TSLA. Presidents Day holiday weekend coming out aggressively.

VIX Options:

  • A strong volume week. 1.2M contracts Thursday.
  • Total 6.87m (4.65m Calls, 2.22m Puts)
  • What is going to goose the VIX?

Crude Oil:

  • Volatility remains elevated – Crazy OIV spike on Weds, over 100.
  • crude

Gold:

  • GVZ 28.37 – extremely elevated!
  • gold

Volatility Voicemail: Listener questions and comments

  • No love for daily options – Twitter poll has 40% of respondents saying “heck no” to dallies!
  • Question from Hot Emini – There is a big disconnect in retail that Theta is all. But is vega not the king greek for pros? What about gamma? where does that fall in the mix?

Crystal Ball: Highs in VIX?

  • Russell – 25?
  • Mark S. – 29/30?
  • Mark L. – 23/24