Volatility Views 226: Sunshine and Volatility

Volatility Review: VIX cash/futures finally connect: we've been wondering for the past few weeks whether VIX cash would rally to the future or the future would drop to the cash. We finally have our answer. Oh, and VXX is NOT VIX.

Volatility Voicemail: Listener questions and comments

• Question from Bill Chace: Hi Russ. What indicator do you use to help determine future movements of VIX? And how reliable are they?
• Question from Bobby: I've noticed moves in the currencies lately. Is this increased volatility good for premium sellers in currency options?
• Question from Vegan: Do you use VIX as a relative strength indicator vs. ES? What tends to lead the dance: S&P or VIX?
• Comment from Itzprav: VIX will be back to 11 next week - referring to headline "How high will the VIX get?"
• Comment from Highlander: Yes, it's only $46 Trillion backing mortgages & loans for hundreds of millions of people. It'll be fine.
• Question from LV87: Single name VIXes. What's up there? Can I actually buy Amazon VIX?
• Question/comment of the week winner!!!!: dmcxkxjzpo
• Commen from Kid Sinclair: When does your new album drop? :) I love your latest single "F**k a maintenance call" was that inspired from Brexit?
• Comment from Mark Brandt: VIX reverse investment skew is a gold mine if you can see the big picture
• Question from Billivanilli: I'm a bit confused. Why do so many people trade that 1x2 call spread in VIX? Seems like you guys discuss it on every show. Is it really that effective? What am I missing?

Crystal Ball: Wild prognostication

This Week:

• Mark S: 9.99
• Mark L: 13.50
• Russell: 17

Last week:

• Mark L: 12.25
• Mark S: 12.75
• Guest: 12.98
• Russell: 12.95