Volatility Views

VOLATILITY VIEWPOINT Guest: Simon Ho - CEO, T3 Index What about the burgeoning volatility market in Australia? What is price dragging? How does it help to avoid the manipulation issues plaguing VIX? Is SPIKES performing up to your expectations during the recent resurgence of volatility?       VOLATILITY REVIEW Weak jobs and trade reports SPIKES  -17.25, 2.5-points higher than last show. VIX Cash - 17.50, nearly 3-points higher than last week. VVIX - 91, 11-points higher than last show VIX Options - ADV: 499k, Total 9.23m A ratio stupid of 1x3 roll in VIX VXXB - 34.1, 2.6-point higher than last week.       CRYSTAL BALL Next week: Mark L. - 14.75 Mark S. - 13.75 Simon - 15.25

VOLATILITY VIEWPOINT SPIKES What is it? Why bring it to the market now? SPIKES launched on Feb 21. How did it go? How has the market responded to SPIKES? How is the liquidity shaping up in SPIKES in the early days?   VOLATILITY REVIEW SPIKES - 14.79 VIX Cash - 14.75 VVIX - 80 VIX Options - ADV: 476k VXXB - 31.5   VOLATILITY VOICEMAIL Question from J Sign - Is Spikes live? I can’t find it on my broker screen? What’s the ticker? Question from Vex1 - Why does it take so long for new volatility products to come to market?   CRYSTAL BALL Next week: Mark L. - 14.50 Mark S. - 13.05

Best of Volatility Views: Back to the BeginningIt's a shortened holiday week. So we thought we'd take you back to the primordial ooze days of Volatility Views with the inaugural sneak preview episode from August 2011.  

VOLATILITY REVIEW VIX Cash - 14.8, 2.5-points lower than last week. VVIX - 80, 7.5-points lower than last show. VIX Options - ADV:476k, Total 6.20M (4.86M Calls, 1.34M Puts) VXXB - 32.5, 2.5-points lower than last show. SVXY - 46, unchanged from last show.         VOLATILITY VOICEMAIL #QOTW - $VXX is dead! Long Live $VXXB! There's a (somewhat) new kid on the #Volatility trading block. Are you trading $VXXB #options yet? If not, how are you getting your #Volatility fix these days? $VIX $TVIX $SVXY 43% - Yes: Jumped into $VXXB 11% - No: Spreads are too wide 14% - No: Prefer $TVIX, etc 32% - No: Prefer $VIX #options Question from Thomas Weber - If I am short a deep in the money call in SPY (delta near 1), what are the odds I will be assigned the Thursday night before Friday expiration? Question from Jelevis - Does it make sense to just get long ratio vertical put spreads in VXX as opposed to just buying the puts? Make the premium negligible so you don’t get hurt if it spikes against you in the near term. If it

VOLATILITY REVIEW VIX Cash - 17.18, can you say Bullseye!? VVIX - 87.5, approx. 8-points higher than last show, dipped to 76.45 earlier this week. VIX Options - 156k, ADV: 497k, Total 8.72m (6.68m Calls, 2.05m Puts) VXXB - 35, 2-points lower than last show. Today - 40k, ADV - 199k       VOLATILITY VOICEMAIL #QOTW - With everyone still shaking off #SuperBowl haze, let's start the week by applying your trading mindset to next season. If you had to buy a call on one team to make it into next year's big game - which team are you buying? Feeling another team - let us know below. - Patriots - Rams - Bears (legally obligated) - Saints Question from Brian Collamer - Hi Mark, Listened to the last VV show and heard you mention my trade again and thought I'd set the record straight....This trade was in my ROTH, can't be naked anything.  Sold one 15 call, bought two 19 calls. Got a credit of .05c.  Did I buy or sell to open this position?Closed position for a debit of .07c.  Did I buy or sell to close this position? Ro

Volatility Review - Jan VIX futures volume down size from 2017 - Overview of Hot VIX options positions - Overview of interesting VIX options trades - Will there be an end-of-day selloff in VIX futures from VXX - First look at hot VXXB options positions - Earnings Volatility Overview: AMZN, MSFT, FB, QCOM, AAPL and more Volatility Voicemail - Why is the market so slow to adopt VXXB - Can market makers see if your spx or vix order is open or close - and more   Crystal Ball The Meatball finally wins. This weeks' picks: Mark L. - 17.05 Mark S. - 15.25

Today Mark and Mark discuss: Volatility Review Segment VIX and VVIX relatively unchd. from last week. VIX futures still weirdly flat VIX options volume still relatively anemic VXX options love switching to calls How will the Shutdown Deal impact volatility? Earnings Volatility Review We discuss: INTC SBUX XLNX JBLU and more Volatility Voicemail We answer you questions about INTC volatility, ratio 1x2 spreads and more. Crystall Ball Picks Mark L. - 17.25 Mark S. 16.25

Volatility Views 338: Boulevard of Broken VXX Dreams - Host: Mark Longo, CEO - Options Insider Media Group - Co-Host: Mark Sebastian, Founder - OptionPit.com Volatility Review - Major indices up nearly 1.5% across the board with volatility taking a bath.  - Mark and Mark break down the legion of Jan VXX puts that will expire worthless this week.  Volatility Voicemail - We answer your questions about VIX 1x2 verticals, VXX sadness, Powell puts and more...  Crystal Ball - Our picks for VIX next week: Mark L. - 17.25 Mark S. - 16.25

VOLATILITY VIEWS 337: Looking At VIX From A European Perspective - HOST: MARK LONGO, OPTIONS INSIDER MEDIA GROUP - SPECIAL GUEST CO-HOST: AASH VYAS, PORTFOLIO MANAGER -  TUNGSTEN INVESTMENT FUNDS VOLATILITY REVIEW SEGMENT VIX STILL EERILY FLAT - HOVERING AROUND 20 LEVEL. MARK/ANDREW VOLATILITY REVIEW - WHICH VOLATILITY TRADES, TRENDS OR DEVELOPMENTS CAUGHT YOUR EYE THIS WEEK? VIX CASH 19.25 - 3.5 PTS LOWER THAN LAST SHOW VVIX 85.5 - 4.5 PTS HIGHER THAN LAST SHOW VIX FUTURES CURVE STRANGELY FLAT FRONT MONTH: .4PT PREMIUM TO CASH 2ND MONTH: .65 PT PREMIUM TO CASH VIX OPTIONS TODAY - 215K ADV - 584K NEARLY UNCHD FROM LAST SHOW TOP VIX POSITIONS 327336 .VIX Feb 13th 37.5 C, chg -2140 245513 .VIX Jan 16th 30.0 C, chg -243 213192 .VIX Jan 16th 35.0 C, chg -24 209890 .VIX Feb 13th 40.0 C, chg +175 170651 .VIX Jan 16th 32.5 C, chg -380 164631 .VIX Apr 17th 45.0 C, chg +2463 156643 .VIX Jan 16th 18.0 P, chg +571 153838 .VIX Apr 17th 70.0 C, no chg 144909 .VIX Feb 13th 35.0 C, chg +3900 140853 .VIX Apr 17th 37.5 C, no

Volatility Views 336: Kicking off 2019 With Some Volatility Host: Mark Longo, CEO & Founder - The Options Insider Media Group Co-Host: Mark Sebastian, Co-Founder -OptionPit.com, Portfolio Manager - Karman Line Capital VOLATILITY REVIEW Massive jobs report - The economy added 312k jobs in Dec, although unemployment is up to 3.9% Powell’s speech apparently didn’t save the market too much. VIX Cash - 22.75, nearly 6-points lower than last show. VVIX - 81, 14-points lower than last show. VIX Options - ADV: 586k, Total 7.49m (5.71m Calls, 1.78m Puts) VXX - 50, 4-points higher than last show. TOP VIX POSITIONS - ALL CALLS - FIRST TIME IN AGES 331732 .VIX Feb 13th 37.5 C, chg +1807 244006 .VIX Jan 16th 30.0 C, chg +2028 200570 .VIX Jan 16th 35.0 C, chg -4014 166294 .VIX Jan 16th 32.5 C, chg +4868 161664 .VIX Feb 13th 40.0 C, chg +1486 160240 .VIX Apr 17th 45.0 C, no chg 153836 .VIX Apr 17th 70.0 C, chg +110 138616 .VIX Mar 19th 37.5 C, chg +10 135993 .VIX Jan 16th 24.0 C, chg -128 135869 .VIX Feb 13th 35.0 C

VOLATILITY REVIEW VIX Cash - 28, nearly 6-points higher than last show. VVIX - 95, 10-points lower than last show. Mnuchin Blames Volcker Rule, High-Speed Trading for Volatility - https://www.bloomberg.com/news/articles/2018-12-18/mnuchin-blames-volcker-rule-high-speed-trading-for-volatility VIX Options - 575k, Total 6.73m (5.24m Calls, 1.50m Puts) VXX - 50, 4-points higher than last show. 2018 Theme - The Year That Vol Returned, aka the year we got the real Trump administration       CRYSTAL BALL Final #QOTW for 2018 - It's the big one! Time to play along w/ #VolatilityViews and dust off your #CrystalBall. Quite simply - where do you think $VIX will close for 2019? Bonus points: Reply/DM/Email w/ your specific pick. Closest (within 1pt) will win Fabulous Prizes. - Low: 8-11.99 - Normal: 12 -16.99 - Elevated: 17- 23 - Very Elevated: > 23   Twitter Guesses: Neil Wales - 13.3 Contango - 12.14 Mail Man Dan - 12/31 closes at $257.50 on $SPY and $VIX at $22.50 Brad Huff - 27.25 Filip (FContangotrader) - 32.4 Matt

Volatility Review: A look at last week from a volatility perspective. VIX Cash - 26.5, nearly 4-points higher than last show. VVIX - 105, 8-points higher than last show Mnuchin Blames Volcker Rule, High-Speed Trading for Volatility VIX Options - ADV: 575k down nearly 20k from last show. Total 5.50m (4.23m Calls, 1.27m Puts) VXX - 46, 6.5-points higher than last show. SVXY - 43, almost 3 handles lower than last show. Volatility Voicemail: Options question of the week Which upcoming volatility product are you most excited about trading in 2019? Or are you content to stay with the original despite lingering issues? SPIKES Realday/RealVol Voldex/Skewdex I'll stick with VIX Comments, questions, and musings: Mark Twain on Volatility - "October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February." -Mark Twain Comment from Pat Hennessy - There are a total of 6,600 $VIX Dec puts that will

Volatility Review: A look back at the week from a volatility perspective What exactly is afoot? VIX cash International volatility trends: France for the win! Volatility opportunities 1-by-6 fever? Aggressively naked Take the money and run Volatility Voicemail: Options questions of the week Everyone loves trading AAPL Options. So the open interest is always very high. But a few interesting options dominate the rest. What do you think is the largest open position in AAPL right now? No cheating - try to use your #SpideySense. Jan 2020 200 Call Jan 250 Call Dec 180 Put Jan 100 Put Listener questions and comments: Question from F96 - Is there a listed equivalent to trading a variance swap? If not what's the closest approximation? Question from T-Bags - Which new volatility product are you most excited about for 2019? Crystal Ball: Wild prognostication Last week: Mark L. - 18.65 Mark S. - 23.00 This week: Mark L. - 19.25 Mark S. - 27.25

Volatility Review: A look back at the week from a volatility perspective. VIX Cash - 22.65, 3.25 higher than last show VVIX - 97, 3-points higher than last show VIX Options - ADV: 594k - up nearly 50k from last show Hot VIX options today: 10000 VIX Feb 13th 17.0 Puts $1.025 3999 VIX Dec 12th 30.0 Calls $0.10 42800 VIX Dec 19th 40.0 Calls $0.14 37700 VIX Jan 16th 32.5 Calls $0.562 Plus: VXX - 35.5, 1-point lower than last show SVXY - 46, almost 4 handles lower than last show Volatility Voicemail: Listener questions and comments Question from DaNincompoop - Are the futures really backward if it's just the cash that's higher? Question from Charles Pierce - When does VXX make the switch to VXX B? Question from ELanc3 - Over-under on when we'll see the next crop of new inverse volatility ETFs? Crystal Ball: Wild prognostication ensues Last week: Mark L. - 17.65 Mark S. - 16.49 This week: Mark L. - 18.65 Mark S. - 23.00

Volatility Review: A look back at the week from a volatility perspective. VIX Cash - 19.4, almost unchanged from two week ago VIX - 94, 12-points lower than last show VIX Options - ADV: 546k, Total 6.77m (4.81m Calls, 1.95m Puts) VXX - 35.5, 1-point lower than last show Crypto crushed below $4k recently Volatility Voicemail: Options question of the week: AAPL continues to take a beating - recently dropping below $175. We know many of you LOVE to trade $AAPL and this selloff creates opportunities. Looking ahead to Jan 2019 expiration- which trade would you prefer to make in $AAPL right now? Sell Jan 150P for $1.65 Buy Jan 150P for $1.65 Sell Jan 200C for $1 Buy Jan 200C for $1 Listener questions and comments Comment from Pete Yarbro - I'd sell this strangle. Question from EELC5 - What's the lowest volatility can get in the SPX? Comment from Nilai - I like Mark's idea for an erosionator in VXX. Would be something interesting to watch. Kind of like a smog report or tide report but for VXX. Crystal Ball: Wi

Volatility Review: A look back at the week from a volatility perspective. Black Monday. Happy 30th Birthday to Volatility Skew! The numbers: VIX - 93.33 CBOE Skew Index - 146 VXN - 14.64 Russell's Weekly Rundown: VIX ADV - 876k VIX call/put - 4.1 VXX - 34.39 XIV - 105.87 Volatility Voicemail: Options question of the week Earnings Season is here! Which name do you plan to trade most actively this cycle? 27% - Tesla - $TSLA 34% - Amazon - $AMZN 23% - Apple - $AAPL 16% - Alphabet - $GOOGL Listener questions and comments: Comment form MoneyEngine X3.5 - Buying CVS calls. Crystal Ball: Wild and reckless prognostication Last week: Mark L. - 9.55 Mark S. - 10.25 Ghost of Russell - 28 Kevin - 10 This week: Mark L. - 9.65 Mark S. - 10.16 Russell - 9.87

Volatility Review: A look back at the week from a volatility perspective Sell-offs appear to be slowing down Tech earnings weighing things down Facebook: did they or didn't they? Are we in a trade war? VIX cash: 19.17 VVIX: 106 - up from last show VIX futures keeping pace or outpacing the index Blow out in nat gas options NVDA, AMAT earnings Volatility Voicemail: Listeners take over Comment from Ninny - I think VIX will touch your kids. Question from LLAX: How come you guys don't talk $SVXY or $TVIX on your show? Question From TAX8T: New listener and first time writer. Awesome program. Love the vol trading breakdowns and the fun guests. Is there any way you can include a rundown of large OTC var and volatility prints on your show each week. Keep 'em coming. Crystal Ball: Really reckless prognostication Last week: Mark L. - 17.65 Mark S. - 16.49 Two weeks from now: Mark L. - 18.15 Mark S. - 15.25

Volatility Review: Earnings Highlights for the Week Tuesday - GE, Sony, BP, FB, eBay, Pfizer, Coca-Cola Wednesday - GM Thursday - Apple, Starbucks, Weight Watchers, Spotify, Cigna, Dow/DuPont Friday - ExxonMobil, Cboe, Alibaba, Chevron, Berkshire Hathaway Volatility indicators: VIX Cash - 17.75, 2.75-points lower than last show VVIX - 100, unchanged from last show VIX Options - ADV: 618k, VIX call/put: 2.1/1, Total 9.40m (6.29m Calls, 3.11m Puts) VXX - 37.5, 3-points lower than last show Volatility Voicemail: Options question of the week We always like to take the pulse of our audience. This week we're checking in on your favorite strategies. What is your go-to #options strategy? Butterflies Covered Call/Short Put Verticals, call or put Calendars/Diagonals Listener questions and comments Question from Mina - Why is VIX so weird? Question from Holan - That Meatball guy says he gets paid to buy $VXX puts. How? Question from BD3 - Why no Nasdaq VIX futures? Why no options? Why can't I trade VIX on Nasdaq?

Volatility Review: A look back at the week from a volatility perspective. Apple and Non-farms are on the radar today. A rough month for equities: 9% Drop - the largest monthly Nasdaq drop since Nov 2008. 7% Drop - largest S&P monthly drop since Sept 2011. Apple screwed the pooch: Apple tumbles 7% after earnings on light guidance. Market cap back below $1T Earnings Highlights from Last Week: Tuesday - GE, Sony, BP, FB, eBay, Pfizer, Coca-Cola Wednesday - GM Thursday - Apple, Starbucks, Weight Watchers, Spotify, Cigna, Dow/DuPont Friday - ExxonMobil, Cboe, Alibaba, Chevron, Berkshire Hathaway Volatility indexes: VIX Cash - 20.5, 6.5-points lower than last show. VVIX - 99, 21-handles lower than last show. VIX Options - ADV: 609k, VIX call/put: 2.4/1, Total 8.24m (5.84m Calls, 2.40m Puts) VXX - 37.5, 3-points lower than last show Volatility Voicemail: Options question of the week: Volatility is all over the place these days. Some say it's too cheap, others say it's too expensive. Either way they want