Volatility Views 360: Revenge of Contango

Energy - WTI, $USO, etc

Metals: $GLD, $SLV, etc

Crypto: $BTC.x, $ETH.x,

Index: $VIX, $SPIKE, $VXX

QUESTION FROM GEORGE: What did the spikes folks do to get that sizable 1x2 printed recently? Do you expect any more prints of this magnitude on the horizon? Been evaluating the product and traded my first ten lot recently. Would like to see more big players get involved. Great program. Anything on commodity volatility?

QUESTION FROM 45O9: I hear you about the weird discount that we’re seeing in dec VIX futures right now. If we see some developments on the international front and vol eventually comes in do you think they’ll still keep dec relatively similar to where it is now. I guess I’m asking is if Dec just looks cheap now because the rest of the curve is somewhat elevated. Once that premium is taken out will dec look somewhat expensive by comparison?