Talking VIX and VXX; plus NFLX and MSFT Volatility
Listen to Volatility Views 314: Talking VIX and VXX; plus NFLX and MSFT Volatility
Volatility Review: A look back at the week from a volatility perspective
- More trade war! Trump threatens $500B more tariffs, the market shrugs.
- VIX Cash – 12.50
- VVIX – 100
- VIX Options – ADV: 460k, VIX call/put: 3.1/1, Total 5.42m (4.09m Calls, 1.34m Puts)
- VXX – 31, ADV: 255k
- Earnings: Netflix and Microsoft
Volatility Voicemail: Listeners have their say
QOTW: Trading Options during earnings season can be challenging. Some live for it while others avoid it. Do you hold Options positions through Earnings announcements? If so, what is your approach? Or do you prefer to trade just before/after the event? Or is it all too risky?
- 28% – Yes, Short Premium
- 20% – Yes, Long Premium
- 25% – No, Too Risky
- 27% – I trade around the event
QOTW, part deux: Yup it’s earnings season once again. Options traders are gearing up for a busy season. Which names do you think will dominate your options trading this season?
- NFLX
- AMZN
- TSLA
- GOOGL
Listener questions and comments:
- Question from BigDawg – Are there any of the proprietary vol indicators out there that you guys follow regularly?
- Question from Lil Vig – Is VXX the greatest trading vehicle ever created? So much sweet erosion.
Crystal Ball: Your prognostication headquarters
Last week:
- Mark L. -12.20
- Andrew -12.25
- Guest – 11.99
This week:
- Mark L. – 12.23
- Andrew – 12.22