Volatility Review: SPX/VIX review ? some level disparities between the VIX cash and the VIX futures. Euro vol is in single-digit territory. Nasdaq VolContract preview.

Listener Mail: Comment on the Great Volatility Skew Debate, Don’s comments on volatility, and questions about Nasdaq VolContracts.

Crystal Ball: How will the disparity between VIX cash and VIX futures unwind? Where will Euro vol go next?