Volatility Views Volatility Views 310: VIX Fixes, Fiddy Cent and VXX Ratios
Jun 25, 2018
01:01:27
Volatility Review: A look back at the week from a volatility perspective
- Fiddy cent returns
- Seagull spread?
- VIX cash: 14.64
- Tweaks to VIX
- VVIX: 107.50
- Google interest: Top five states with the most interest in volatility (Mark S. got 2/5)
- Google interest: Top five states with the most interest in VIX
- VIX options
- Big call and put strips
- The VXX whiff of weirdness
Volatility Voicemail: Listeners have their say
Options Question of the Week: Let's have some fun. These "entertainment" stocks are pricing in big moves. Gun to your head: Which July ATM straddle would you rather own in your portfolio? WWE? DIS? WYNN? SEAS? #DegeneratePremiumBuyers #PalmsIn #FearNoTheta
- WWE July ATM Strad: $7
- WYNN July ATM Strad: $12
- SEAS July ATM Strad: $2
- DIS July ATM Strad: $5
Listener questions and comments:
- Question from Rick S.: What exactly does it mean to roll positions the week of expiration?
- Question fro Telly0: Are there any long VIX vehicles that don't erode to zero?
- Comment from JTack: Looks like call front spreads (short 1 near OTM, long 2 farther OTM) in VXX are the best way to hedge long term VXX puts. That way you're covered against a blowup but you're not shelling out a ton for straight up calls or verticals.
Crystal Ball: Wild and reckless prognostication
Last guess:
- Mark L. 11.85
- Andrew: 11.80
- Mark S. 11.55
This week:
- Mark S. 11.55
- Mark L. 12.05