Analyzing options from a volatility perspective
Listen to Volatility Views 308: Forth the Vol Hunters
Volatility Review: A look back at the week from a volatility perspective.
- VIX Cash:
12.21 and as high as 13.30. - VVIX – 93
- VIX Options – ADV: 535k, VIX call/put: 2.6/1, Total 7.95m (5.78m Calls, 2.17m Puts)
- The return of the 1×2?
- Plenty of call love yesterday
- Paper sells call June vertical yesterday
Volatility Voicemail: Flash poll!
Let’s stick with our Volatility theme to round out the week. Quite simply – which product do you think has the highest 30-day implied Volatility? No cheating (or checking with your broker)! What does your gut tell you? VIX? Bitcoin? TSLA? RUSSELL2000? RUT? IWM?
- 34% – Tesla, TSLA
- 21% – VIX
- 35% – Bitcoin
- 10% – Russell 2000: Emini, RUT
Listener questions and comments
- Question from Lisag – I’m confused. Why would someone by such an outlandish vertical in a product that essentially rots to zero?
- Comment from Kaijan – I would sell that VXX July call spread all day long. In fact I did! Thx for giving me the idea on your last show. Keep up the vol fun!
- Question from Deville – Great show. How do I get my volatility fund profiled on Volatility Views?
- Question from FNews2 – Do you think eliminating the traditional earning call would be a bad move for vol traders? I kind of take the view that it would smooth things out and make it a little less likely to get run over. Crazy?
Crystal Ball: Your prognostication headquarters
Last week:
- Mark L. -12.95
- Mark S. – 12.50
This week:
- Mark L. – 11.85
- Andrew – 11.55