Volatility Views 247: 25 Is the New 30 in VIX

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

• VIX Cash: 11.16
• VVIX: 75
• CBOE Skew Index: 153.66, highest since 6/27/16.
• VIX Futures, Front month premium to cash - 0.5, Two month - 2

Russell's Weekly Rundown:

• VIX Options: Mon - 317k, Tues - 578k, Weds - 1.26M, Thurs - 546k, ADV - 605k
• VIX Call/Put: 2.5 / 1
• Total 11.6M
• We have officially killed the 30 strike!
• OIV/OVX - 28.22, spiked to nearly 35 last week on WTI sell-off
• GVZ - 11.07
• TYVIX - 4.37

Volatility Voicemail: Options #QuestionoftheWeek

$VIX = 11.50, $SNAP IV30 =56, $AAPL IV30 = 14, $OIV= 33. If you had to buy #Volatility-which is the best value?

• $SNAP - aka Tween Vol
• $AAPL - aka #iPhone Vol
• $VIX - aka $VIX
• $OIV -aka #Crude $VIX

Listener questions:

• Question from MerchantAdventurers - Non jargon...lots are betting VIX goes lower, yes?
• Question from Grow Your Business - There will be a day in the next 60 days that it will spike big. Should have a pool to see who guesses the correct date. April 13th!

Crystal Ball: Wild and reckless prognostication

• Mark L. - 10.65
• Mark S. - 10.90
• Russell - 11.11