Volatility Views 215: The Vanishing VIX

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

• VIX Cash: 12.39
• VVIX: 89.33. Back below 100, but still elevated

Russell's Weekly Rundown

• VIX Options: A light options week
• Mon: 625k, Tues: 415k, Weds: 534k, Thurs: 475k; Total 6.07m (4.17m Calls, 1.91m Puts)
• CBOE quarterly profits jumped 13.6 pct on increased volatility
• Options traders are feeling good about Alphabet shares.
• Crude Oil: OIV: 42.91; OVX: 42.33

Volatility Voicemail: Listener questions and comments

• Question from DK from DC: What is the difference between the front month VIX future and the VIX cash?
• Question from Big Jim Wheeloff: Why are options so damn expensive? At this rate I will go broke hedging my 401k.

Crystal Ball: VIX predictions

Last week:

• Mark L.: 11.5
• Andrew: 9.5
• Russell: 17.35
• Bill Luby (Guest from last week): 12.71

This week:

• Russell: 13.05
• Andrew: 12.40 (with an 11-handle dip)
• Mark L.: 11.75