Channeling a little bit of Batman, we bring you Volatility Views 197: Holy Vol Crush
Download Volatility Views 197: Holy Vol Crush
Volatility Review: Everyone goes to Boca and volatility falls out of bed. Vol of vol coming in as well, VVIX:84.
Russells Weekly Rundown:
- VIX Options: A fairly strong volume week.
- Thurs: 909k, Weds: 675k, Tues: 704k, Mon: 573k, Total 5.30m (4.02m calls, 1.28m puts)
- Crude Oil: OIV/OVX – 46, about 49 today, almost touched 80 back in mid-February, multi-year high.
- Gold: GVZ 18 – well off recent highs. GVZ – peaked around 28 back in mid-February – last hit these levels in June 2013 – so nearly 3-year high.
Volatility Voicemail: Listener questions and comments
- Question from George K. – What is the thought process regarding the new SPYIX and hedging? Can you hedge it with VIX Futures?
- Question from BJLane – VIX vs. RVX – Which performs better for call verticals? Which pops better when it hits the fan?
- Question from Jacro – Why no volume in RVX?
Crystal Ball: VIX Predictions:
- Russell – 15.5/8
- Mark S. – 14.25
- Mark L. – 15