Volatility Views

Volatility Views 99: Debunking BXM vs. PUT Volatility Viewpoint: Jason Ungar, volatility researcher, co-creator on the Put-Write index with the CBOE, financial advisor, and restaurant owner joins the gang to discuss the Put-Write index.  They discuss: How he got involved in creating the put-write index with he CBOE  What the response has been to the put-write index Why he thinks the Put-Write remains in the shadow of BXM Why he thinks commodity-based volatility products like GVZ, etc. have failed to take off in the marketplace His take on the recent move in nat gas and the volatility levels out there Volatility Review:  VIX options are on fire lately, with an ADV of nearly 700k contracts recently. Still heavy interest in calls (2.4/1 calls to puts), but nowhere near as strong as it was a few weeks ago when it hit nearly 3 to 1. Realized vol is still beating implied vol, but the gap is closing.  As with VIX, the bulk of open interest in RVX is in the calls. Volatility Voicemail: The vol experts will take you