So Much Love for VXX Puts
Listen to Volatility Views 316: So Much Love for VXX Puts
Volatility Review: A review of the week from a volatility point of view, featuring guest co-host David Lincoln of The Short Vol Show.
- VIX Cash – 11.83, down slightly from last week.
- VVIX – 88, three-points lower than last week.
- VIX Options – ADV: 440k, VIX call/put: 2.9/1, Total 6.44m (4.79m Calls, 1.64m Puts)
- VXX – 30.5, half a point lower than last week.
- Earnings Volatility: Apple, Tesla, Activision/Blizzard, Shake Shack, Blue Apron, Go Pro and Cboe
Volatility Voicemail: Listners take over
Options question of the week: Earnings season is still in full swing. Which names will dominate your #Options trading this week?
- 46% – Apple, $AAPL
- 40% – Tesla, $TSLA
- 8% – GoPro, $GPRO
- 6% – CBOE, $CBOE
Listener questions and comments:
- Question from Nils – You guys buying any more of those VXX puts?
- Question from Roxy -Explain to me again how buying thousands of worthless January puts in VXX is a good trade?
- Question from Elan – My broker doesn’t list the $VIX futures alongside the options. It’s damn confusing! Why don’t they all just post them so I can see what I’m trading my options on? Instead I have to pull up a separate platform with the futures quotes so I can make sense of it all.
Crystal Ball: Wild and reckless prognostication
Last week:
- Mark L. -12.45
- Andrew -13.25
This week:
- Mark L. -11.45
- Mark S. -12.76
- David – 12.05