Volatility Views

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