Volatility Views

Volatility Review: A look back at the week from a volatility perspective VIX Cash - 10.46, practically unchanged from last week. VVIX - 78, same as last week. CBOE Skew Index - 130.5, 12 point lower than last week. Russell's Weekly Rundown: VIX Options: Mon - 572k, Tues - 746k, Weds - 469k, Thurs - 657k, ADV - 734k VIX Call/Put: 3/1: Total 9.68m (7.26m Calls, 2.42m Puts) CBOE begins trading options on VelocityShares EVIX - contract based on VSTOXX Short-Term Futures Investable Index Earnings Volatility: Tesla Close - $311, ATM Straddle approx. - $17, approx. 5.5% FB: Close - $151.80, ATM Straddle - $5.63, approx. 3.7% Volatility Voicemail: AAPL Earnings Pop Quiz AAPL $146.50, Weekly straddle $5 (3.5%). IV30 = 21%, Weekly 155 Call= $.27, 138 Put = $.27 Would you rather? Buy Straddle/ Iron Fly, 18% Sell Straddle/Iron Fly, 34% Buy Call, 44% Buy Put, 7% Earnings Season Flash Poll ZNGA reports earnings today. Stock is trading $2.87. #Options ADV 3K. Do you trade options on cheap stocks? Yes, down to $10 Y