Volatility Views

Volatility Review: A look back at the week from a volatility perspective VIX cash back in the 15 handle VIX Options: ADV - 1M, VIX call/put: - 1.9/1, Total 13.9m (9.16m Calls, 4.76m Puts) Weird iron fly with crazy call kicker VXX - 38.89 Volatility Voicemail: Options Flash Poll Which would you rather see first? Would you rather see Options finally listed on Bitcoin futures? Or would you prefer to have more Cryptocurrency futures (Litecoin, Ethereum, etc.) launched instead? Gimme Bitcoin Options More Crypto Futures Save Me from More Crypto Last week's Volatility Flash Poll: VIX is off the board and SVXY is a pale shadow of its former self. So how are you getting your "short Vol" fix these days? Reply/DM with alternative suggestions. 20% - Short VIX Futures 22% - Long VIX Puts/Spreads 32% - Short VIX Call/Spreads 26% - Short SPX/SPY Volatility Listener questions and comments: Question from Big Blanc -I'm liking the VXX erosion play. Question though - Why does everyone talk puts on this trade? Why not sel

Volatility Review: A look back at the week from a volatility perspective. Cboe RMC: What are our favorite presentations? Interesting discussions/topics? Tariffs, Trump & VIX: It has been another volatile week. VIX Cash - 16.54 VIX Futures - "Super meltyF and delicious Russell's Weekly Rundown: VIX Options: ADV - 1M VIX call/put: 2/1 Total 12.6m (8.45m Calls, 4.16m Puts) Volatility Voicemail: Volatility Flash Poll XIV is off the board and SVXY is a pale shadow of its former self. So how are you getting your "short vol" fix these days? Reply/DM with alternative suggestions. Short VIX Futures Long VIX Puts/Spreads Short VIX Calls/Spreads Short SPX/SPY Volatility Listener questions and comments Question from Bixby -Do you think there will be an XIV 2 anytime soon? Crystal Ball: Wild and reckless prognostication Last week: Mark L. - 17.75 Mark S. - 28 Next week: Mark L. - 14.75 Mark S. - 13.15 Russell - 14.00

Volatility Review: A look back on the week from a volatility perspective A weird day in the markets, started with a massive selloff then ended unchanged. VIX cash - 22.5 VIX futures - super backward again VIX options: ADV - 1.05M, VIX call/put: 2.1 - Total 12.0m (8.15m Calls, 3.87m Puts) Goldman says options-market activity suggests pain ahead in these sectors Nearly half of 2017's Cryptocurrency 'ICO' Projects Have Already Died Volatility Voicemail: Options question of the week There's much debate about SVXY these days. Will it survive 2018? Is it poised for serious upside? We'll table those questions for now and instead ask all of you out there slinging SVXY. What is your weapon of choice? 63% - Naked Long SVXY 20% - Long SVXY Calls/Spreads 10% - Long SVXY Puts/Spreads 8% - Long SVXY w/ Put Hedge Listener questions and comments: Comment from Boris Ilyevsky - Maybe their FCM partners didn't give them a choice. SVXY UVXY Question from J3dingle - Hi Mark, Given that both RexxShares and ProShares have re-j

Volatility Review: A look back at the week from a volatility perspective VIX Cash - 18.75 VIX Futures - The March future is very stubborn. VIX Options: ADV - 1.05M, VIX call/put: 2.3, Total 11.3m (7.76m Calls, 3.52m Puts) Goldman says options-market activity suggests pain ahead in these sectors Earnings: INTU, GDDY Volatility Voicemail: Options question of the week People are spooked about this market. Hedges are flying left and right. So the question remains: How are you hedging your portfolio right now? Metals: Gold, Silver, etc. VIX Calls / Volatility Index Puts (SPY, etc.) Bitcoin / Crypto Listener questions and comments: Comment from The Blacklist Blockchain Trader‏ - The uncorrelated one known as bitcoin Comment from Mark Clyde Brant - Palladium ITM calls! Comment from StockMarket Blue - Hedging strategies are actually unwinding in the bond market, causing turbulence in equities markets. Those "trading" in the stock market are flying blind without understanding the carry trade/currency hedging or o

Volatility Review: VIX Cash is back in the teens. Are VIX Futures returning to contango? Volatility's awakening spurs a record long position in VIX Futures. Kevin's Weekly Rundown: VIX Options: ADV - 983k, VIX call/put: 2.3, Total 10.6m (7.30m Calls, 3.26m Puts) The VIX Whale finally gets his payday The great inverse volatility ETP debate continues. Volatility Voicemail: Options question of the week It's been a rocky week for the markets. People are understandably scared and confused. That raises the question: Which product are you most concerned about over the next 30 days? Aka - which product would you not touch with a 10-foot pole? VIX SVXY SPY Bitcoin: XBT, BTC, etc. Listener questions and comments: Question from Volbug: Mark and friends, now that SVXY has been reset or beaten, would another big VIX surge day have the same impact on it? Thanks. Comment from Pete Yarbro‏ - I feel like I have a better understanding of $VIX, $VX and the volatility ETFs than some very high profile stock market commentato

Volatility Review: The great inverse volatility ETP debate continues. Are they "Frankenproducts" that shouldn't exist? Or are they performing as advertised, but the investing public simply doesn't understand them? Maybe there's a third camp? VIX Cash: Spiked to 46.34 on Tues - Quite possibly the craziest week in VIX history. Kevin's Weekly Rundown VIX Options: ADV - 983k, VIX call/put: 2.8 Commodity Volatility Bitcoin has been moving in lockstep with the market. Volatility Voicemail: Volatility flash poll XIV is headed to the graveyard. But, as of this writing, $SVXY is still trading. Do you still have confidence in this product? Quite simply - do you think $SVXY will still be trading at the end of the year (12/31/18)? Yes No I'm hiding under the bed Options question of the week: VIX is moving like crazy today day. It's already blown past 23 and is threatening 35. So let's dial up our $VIX threshold for extra #ZombieApocalypse fun. You buying or selling these levels? Quite Simply: Where will $VIX close on

Today, we feature special guest co-host, Don Dale, Managing Member at Equity Risk Control Group. Volatility Review: A look back at the week from a volatility perspective. VIX Cash: Hit nearly 15.50 this week Yet another crazy week Russell's Weekly Rundown VIX Options: ADV - 777k, VIX call/put - 3.9, Total 13.7m (10.9m Calls, 2.78m Puts) Earnings Volatility: This season's theme is underperforming. FB, MSFT, AAPL, GOOGL & AMZN Volatility Voicemail: Listener questions and comments Question from ILM78 - It seems like the volatility space is dominated by Canadian pension funds. Why is that the case? How's the volatility landscape for U.S. pension and hedge funds out there? Do U.S. pension funds trade a lot of VIX options or OTC? Crystal Ball: Where will the VIX close on Friday? Last week: Mark L. - 9.55 Andrew - 13.25 Kevin - 10.50 Matt - 10.15 Mike - 9.99 Next week: Mark L. - 13.50 Mark S. - 14.00 Russell - 15.67 Don - 17.50 Volatility Views 292: Earnings Volatility, plus VIX Whale Returns Today, we

On today's show, a rowdy cohort of crazies, including: Mark Sebastian, Option Pit Matt Thompson, Typhon Capital Mike Thompson, Typhon Capital Kevin Davitt, CBOE Volatility Review: A look back at the week from a volatility perspective VIX Cash is firmly back in the double digits. Kevin's Weekly Rundown VIX Options: ADV - 744k, VIX call/put - 4.1, Total 12.0m (9.65m Calls, 2.34m Puts) Earnings Volatility: Netflix, Intel and Starbucks. Volatility Voicemail: Options question of the week Since we're down at #InsideETFs this week we thought we'd make our #Options #QOTW about #ETFOPTIONS. Quite simply - what is your favorite ETF/ETP #option to trade? $SPY $GLD $VXX Other (reply w/answer) Listener Questions and Comments: Question from Cat65 - Are there other vol futures out there aside from VIX? Question from Charlie C - Quick Q for the show - What's the weirdest thing you've seen in the options market? Crystal Ball: Wild and reckless prognostication Last week: Russell: 11.99 Matt: 11.5 Mark S.: 10 Mark L.

Volatility Review: Government shutdown moves the market going into the weekend. VIX cash is firmly back in the double digits. Russell's Weekly Rundown: ADV - 746k, VIX call/put - 4.6, Total 10.1m (8.29m Calls, 1.82m Puts Looking back on the VIX whale from last Wednesday. Earnings volatility this week. January has been a rough month for Bitcoin. Volatility Voicemail: Options question of the week. Bitcoin futures are currently trading around $11,500. If options existed, how would you trade them? Assuming one-month to expiration would you...? Buy 5% OTM Call Buy 5% OTM Put Sell 5% OTM Covered Call Just Short the Future Listener questions and comments: Comment by TradingProverbs - "More money has been lost trying to anticipate and protect from corrections than actually in them." - Peter Lynch Crystal Ball: Government shutdown related prognostication Last week: Mark L. - 9.55 Andrew - 9.95 Kevin - 9.75 This week: Mark L. - 10.55 Mark S. - 10.00 Russell - 11.99 Matt - 11.50

Volatility Review: It's been a good year for VIX at CBOE - No Vol = No problem. Return of the VIX Whale - 2.87M on Wednesday. We finally have the COT Reports for Bitcoin. Kevin's Weekly Rundown: VIX Options: ADV - 668k VIX call/put - 4, Total 12.9m (10.3m Calls, 2.52m Puts) Volatility Voicemail: Options question of the week. Another ";easy"; one to help kick off the New Year. Quite simply - which name are you looking forward to trading Options on during the upcoming earnings season? Your fav not here? Choose ";Other"; and send it in. Best will be shared on the Option Block. Apple (AAPL) Tesla (TSLA) Amazon (AMZN) Other Listener questions and comments: Question from RDuffGordon - My wife reads all of the ";intel"; letters, and told me tonight that CEO's are resigning in droves. The best way to see if this is valid or probable would be a sudden burst of buying of insider puts. Is there such a reporting requirement for, Insiders or recent EX - higher ups which i would expect the sec to require - but all we

Volatility Review: Looking back on the top five Volatility Views episodes of 2017. VIX Cash is back in the single digits again. Russell's Weekly Rundown VIX Options: ADV - 668k, VIX call/put - 3.9, Total 10.8m (8.52m Calls, 2.26m Puts) Commodities: Volatility is low but ambiguity is sky high. CBOE files to list 6 bitcoin ETFs after being first major exchange to trade cryptocurrency futures. Happy 9th Birthday to Bitcoin Volatility Voicemail: Listeners have their say 2017 was the "Year that Volatility Died". So our 1st #QOTW for 2018 is a puzzler. Quite simply - where do you think $VIX will close at the end of the year? 14% - Between 7.5-9.99 35% - Between 10- 12.49 14% - Between 12.50 -14.99 37% - Above 15 Crystal Ball: Wild and reckless prognostication. Last year's 2017 VIX predictions: Mark L. - Avg 15.50, low 10, high 34.5 Russell - Avg 17.50, low 12.50, high 37 Mark S. - Avg 15, low 10.50, high 24 Next year VIX close at end of 2018: Mark L. - 17.25 Mark S. - 11.01 Kevin - 14.04 Next week: Mark L.

Volatility Review: A look back at 2017 from a volatility perspective. VIX cash was back in double digits, briefly. Kevin's Weekly Rundown: VIX Options: ADV - 672k, VIX call/put - 4, Total 9.78m (7.83m Calls, 1.94m Puts) Looking back on the 2017: The year without volatility. Which trades stood out to you in 2017? CBOE files to list 6 bitcoin ETFs after being first major exchange to trade cryptocurrency futures. Crystal Ball: Your prognostication headquarters Last week: Mark L. - 9.65 Andrew - 8.99 Russell - 9.25 Where will VIX close at the end of 2018? Mark L. - 17.25 Mark S. - 11.01 Kevin - 14.04

Volatility Review: Looking back on 2017, the year without volatility. VIX has been under 10 for about 45 days this year, and under 12 for a little over 200 days. The numbers: VIX Cash - 9.56 VVIX - 92 CBOE Skew Index - 132.5 Russell's Weekly Rundown: VIX Options: ADV - 721k VIX call/put: - 4, Total 9.38m (7.51m Calls, 1.88m Puts) Commodities: Volatility is low but ambiguity is sky high. Volatility Voicemail: Options question of the week. Now it's a party! Bitcoin futures are live on both CME Group & CBOE. But everyone's asking us the $1M question - "When will we get Bitcoin Options?" So we thought we'd ask you: When will we be able to trade options on these futures? Q1 2018 Q2 2018 Q3 2018 Q4 2018 Listener questions and comments: Comment from FContangotrader - You should call #optionblockchain... forget Bitcoin, if you short $vxx since 2011 now you own an island at the Bahamas, if you own gamma and hedge with vol products, now you own 2 islands. Question from Javier - Is there a Bitcoin VIX from th

Volatility Review: Tyler and Cameron Winklevoss discuss Bitcoin and Bitcoin Futures at FIA Asia. CBOE Benchmark Index discussion. CBOE Bitcoin futures surge 8% Friday, head for winning first week The numbers: VIX Cash - 9.79 VVIX - 92.77 CBOE Skew Index – 131 Russell's Weekly Rundown VIX Options: ADV - 737k, VIX call/put - 3.6, Total 13.6m (10.7m Calls, 2.99m Puts) Volatility Voicemail: Listener questions and comments Question from Alvanot - Can you trade the VIX index itself? Not the futures. Question from The Financial Grynch‏ - Do you REALLY reckon long options is profitable? Crystal Ball: Wild and reckless prognostication Last week: Mark L. - 9.75 Mark S. - 9.15 Ghost of Russell - 35 Bill - 10 This week: Mark S. - 10 Russell - 9.74 Bill - 8.99

Volatility Review: This week we are featuring guest co-host Bill Valentine of Valentine Ventures. The numbers: VIX Cash, VVIX - 96, CBOE Skew Index – 131 VIX Options: ADV - 758k, VIX call/put: 3.6, Total 12.7m (9.95m Calls, 2.79m Puts) Bitcoin launching on 12/10. Question from Tortega - Not a vol question, but what's the deal with the Bitcoin futures and the Gemini index they are based on? Volatility Voicemail: Options question of the week The war for #Bitcoin #Derivatives is heating up again. CME Group is launching futures on 12/18. CBOE just announced a 12/10 launch date. Not enough? Nasdaq also announced futures w/ for a planned Q2 2018 launch. With so many choices-How will you trade #Bitcoin in 2018? 52% - CBOE Futures 12/10 27% - CME Futures 12/18 3% - Nasdaq Futures Q2 2018 18% - "Old School" Bitcoin Listener questions and comments: Comment from Mark Clyde Brant - Who is listing options first? Probably CBOE! But Chicago is taking control of BTC exactly as Al Capone took control of booze distributio

Volatility Review: A look at the week from a volatility perspective. The numbers: VIX Cash - back above 12, briefly VVIX - 90 CBOE Skew Index - 131 VIX Options: ADV - 725K, VIX call/put: 3.7, Total 11.2m (8.68m Calls, 2.56m Puts) VXX - 32 XIV - 109.58 Volatility Voicemail: Options question of the week SPY always dominates the Options volume charts. But what do you think people are actually trading in SPY? Take a guess at the Top OI position in SPY right now. No cheating (or checking with your broker) - use your grey matter & your "gut" to pick the right one. Jan 262 Call Dec 2019 150 Put Dec 280 Call Jan 240 Put Listener questions and comments Question from FContangotrader - I think we have a winner today in TA of $VIX world. Question from CConden - Looks like the winning trade for past few years has been rolling short VIX front month future with a protective call kicker should the worst come to pass. I'm stuck on the call kicker strike. What is the ideal strike/month combo for max gain with protecti

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Volatility Review: A look back at the week from a volatility perspective The numbers: VIX Cash - Back above 12, briefly Bitcoin vs. VIX - What Has Been More Volatile in 2017? VVIX - 100.15 CBOE Skew Index - 136 Russell's Weekly Rundown VIX Options: ADV - 739k, VIX Call/Put - 3.7, Total 9.69m (7.64m Calls, 2.05m Puts) FINRA Orders Wells Fargo to Pay $3.4M over Volatility-Linked ETPs Volatility Voicemail: Stream of consciousness questions and comments Question from Andrew Giovinazzi‏ - Why is the rock lobster so handsome? Comment from David - $VXX is clearly the worst ETF. It has destroyed pretty much all of the value invested in it since inception. Or does that make it the best if you're short? Comment from OphirGottlieb - $VIX hello, friend. I've missed you. You appear to want to stay this time. @Options @RussellRhoads Comment from SaqibReports - Shhh. You will scare it away! Question from Lonesome - Could you tell us the process of how options market makers mitigate risk/remain delta neutral? Crystal B

Volatility Views 280: Tapping the Secret Sources of VIX Info Volatility Review: A look back at the week from a volatility perspective VIX cash: VIX briefly flirted with 12 VVIX: 98.5 - 7 points higher than last week CBOE SKEW Index: 129 - 8 points higher than last week VXN: 15.04 - .5 points higher than last week Russell's Weekly Rundown: VIX Options: ADV - 758k Thurs - 1m Weds - 632k Tues - 899k Mon - 442k VIX call/put: 3.8 - Russell is nervous Hot VIX strikes 710842 .VIX Dec 20th 25.0 C, chg +67163 515136 .VIX Dec 20th 15.0 C, chg -1377 400697 .VIX Nov 15th 20.0 C, chg +5029 372447 .VIX Dec 20th 12.0 P, chg +829 334283 .VIX Nov 15th 21.0 C, chg -5413 308546 .VIX Dec 20th 22.0 C, chg +4167 263899 .VIX Nov 15th 17.0 C, chg +11157 240963 .VIX Dec 20th 20.0 C, chg +7087 226612 .VIX Nov 15th 15.0 C, chg -3270 222571 .VIX Dec 20th 17.0 C, chg +4591 Total 12.7m (10.1m Calls, 2.61m Puts) VXX: 34 - almost unchd from last week Top VXX positions 114719 VXX Jan19 10.0 P, chg +22 75429 VXX Jan 10.0 P (Nonstd VXX2

Volatility Review: A look back at the week from a volatility perspective. The Numbers: VVIX - 91.5 CBOE Skew Index - 136 VXN - 14.7 Russell's Weekly Rundown VIX Options: ADV - 833k, VIX Call/Put - 3.9, Total 11.7m (9.37m Calls, 2.37m Puts) Earnings Volatility: Apple, Facebook, Tesla Commodity Volatility: Crude/OIV, Gold/GVZ Volatility Voicemail: Listener questions and comments Comment from Don S: :Ah, if you had called me for the last VV, I would have regaled you with stories from the Morgan Stanley trading desk about Black Monday. But none would have been better than the one of my buddy and colleague, Peter, who in August 1987 decided that the market was overdone and invested $20,000 of his own money in OTM SPX November puts. Those options, which were 1/8 before the crash, went to $50, and his $20,000 turned into 400 times that, or ... wait for it! ... $8 million! Ah, the good ol' days. :-) Don Question from Hawkeye - To ye merry band of Magical Voice, grease laden Meatballs, favorite Uncles, and Lobste