Volatility Review: A look back at the week from a volatility perspective.

  • VIX Cash - 26.9, 6.8 points higher than last show
  • VVIX - 120, 4 handles higher than last show
  • A Listless VIX Says This Sell-Off Reeks of 'Dumb Money' by Luke Kawa - Bloomberg
  • VIX Options - ADV: 574k, VIX call/put: 2.8/1, Total 7.47m (5.53m Calls, 1.95m Puts)
  • VXX - 40.75, 6 points higher than last show
  • Bitcoin Price Volatility Falls to Lowest Of 2018
  • The Dollar Is the New VIX, And the Bitcoin Connection by Brian Kelly - Forbes

Volatility Voicemail: Options question of the week

Earnings are back with big tech names on the docket. Which of the following will be lighting up your #Options trading this week? Bonus points for your preferred strategies - e.g. call vertical, straddle, etc.

  • 28% - Microsoft $MSFT
  • 34% - Amazon $AMZN
  • 10% - Alphabet $GOOGL
  • 28% - Twitter $TWTR

Listener questions and comments:

  • Question from Cube Finance - Do we smell the distinct odor of feedback loops about to take off? #risk #volatility
  • Question from Darren Hom - VXX and the index it's based on provided a statistically significant exposure to shorting straddles. This was not the case for VIX, presumably because of volatility drag. Is it that bad that XIV is gone?
  • Question from PRGR0 - SPY or SPX better for straight vol plays like straddles?

Crystal Ball: Your prognostication headquarters

Last week:

  • Mark L. - 17.75
  • Mark S. - 16.25

This week:

  • Mark L. - 18.15
  • Mark S. - 17.25
  • Guest - 18.50