Volatility Views 271: Hurricanes, Nukes and VIX - Oh My!
What calamity will kill us all first?
Volatility Review: A look back at the week from a volatility perspective
- Shortened holiday week hit with a never-ending parade of hurricanes
- Don't forget North Korea
- Oh, and the President
- Bonds are screaming
- August options volume is strangely high. So much for vacationing for the month
- VIX up into the 12-handle. Will it hit the low teens?
- VIX Cash: High of 14.06 on Tuesday
- VVIX: 99
- CBOE SKEW Index: 135.39 - 5 points higher than last week
Russell's Weekly Rundown:
- Will people start using weekly options on Monday for the upcoming week's risk?
- CME Fed tool has next potential rate hike at next August, and only 50-50
- Why are people buying vol into the weekend?
- VIX Options on this short week: ADV - 796K; Thurs. - 894K; Weds. - 603K; Tues.- 1.16M; Mon. - Closed.
- VIX Call/Put: 3.4
Hot VIX Strikes:
- 635482 .VIX Oct 18th 25.0 C, chg +4681
- 460502 .VIX Sep 20th 20.0 C, chg -6238
- 414217 .VIX Oct 18th 12.0 P, chg +13048
- 376664 .VIX Oct 18th 15.0 C, chg -70943
- 285530 .VIX Sep 20th 18.0 C, chg +3297
- 268153 .VIX Sep 20th 21.0 C, chg -14404
- 265517 .VIX Sep 20th 23.0 C, chg -1246
- 259376 .VIX Sep 20th 17.0 C, chg -226
- 251586 .VIX Sep 20th 19.0 C, chg +1678
- 249889 .VIX Oct 18th 20.0 C, chg -149520
- Total 12.5m (9.43m Calls, 3.03m Puts)
Volatility Voicemail: Listener Questions and Comments
Options Question of the Week:
As Q4 looms, where are you placing your bullish #Volatility bets? Which has most #Upside by end of 2017? $VIX $AMZN #WTI $GVZ
- Gold Volatility
- Crude Oil Volatility
- S&P 500 Volatility - VIX
- Single Names - $AMZN, etc
- Question from Elbu: Seems like everyone is jumping on the short $VIX bandwagon these days. Since when does the NYT cover volatility trading? RE: this article - Day Trading in Wall Street’s Complex ‘Fear Gauge’ Proliferates
- Question from Elly: What’s the ideal month/strike combo when buying puts on VXX? 6 months / 25% OTM?
Crystal Ball: Wild and reckless prognostication
Where do the hosts think the VIX will close next week?
- Mark L.: 10.15
- Mark S.: 10.65
- Russell: 11.11
- Mark L.: 11.5
- Mark S.: 11.01
- Russell: 12.25
View Mark S. Longo's post archive >