This sums it up nicely, “Dude WTF #VIX.”
Listen to Volatility Views 325: VIXocalypse Redux
Volatility Review: VIX Cash – 22.35, 6 point from last show, up nearly 10 points from two weeks ago. VVIX – 126, 15 handles higher than last show, 34 higher than two weeks ago. VIX Options – ADV: 541k, VIX call/put: 2.7/1, Total 9.53m (6.93m Calls, 2.60m Puts), VXX – 35.65, 9 points higher than last show.
Volatility Voicemail: Listener questions and comments
- Comment from DelVecchio – Dude WTF #VIX.
- Comment from XXX – “THERE IS A SPECIAL PLACE IN HELL FOR PEOPLE WHO QUOTE VIX AS A PERCENT.”
- Comment from Martin Ryan – XIV imploded. TVIX is alive and kicking – I’ve used it for years. The other options have their advantages and disadvantages too – good luck trying to get a reasonable fill from options traders in a fast market. At least with an ETF or ETN I have liquidity…
- Question from Grigs – Why would shorting volatility during VIX futures contango fail?
- Question from JasonNolk – Suggestions on how to be best net neutral here?
Crystal Ball: Wild and reckless prognostication
Last week:
- Mark L. – 12.55
- Andrew – 13.25
This week:
- Mark L. – 17.65
- Andrew – 26.01