Volatility Views 284: Is Bitcoin Going to the Moon...or Higher?

Volatility Review: This week we are featuring guest co-host Bill Valentine of Valentine Ventures.

The numbers:

• VIX Cash, VVIX - 96, CBOE Skew Index – 131
• VIX Options: ADV - 758k, VIX call/put: 3.6, Total 12.7m (9.95m Calls, 2.79m Puts)
• Bitcoin launching on 12/10.
• Question from Tortega - Not a vol question, but what's the deal with the Bitcoin futures and the Gemini index they are based on?

Volatility Voicemail: Options question of the week

The war for #Bitcoin #Derivatives is heating up again. CME Group is launching futures on 12/18. CBOE just announced a 12/10 launch date. Not enough? Nasdaq also announced futures w/ for a planned Q2 2018 launch. With so many choices-How will you trade #Bitcoin in 2018?

• 52% - CBOE Futures 12/10
• 27% - CME Futures 12/18
• 3% - Nasdaq Futures Q2 2018
• 18% - "Old School" Bitcoin

Listener questions and comments:

• Comment from Mark Clyde Brant - Who is listing options first? Probably CBOE! But Chicago is taking control of BTC exactly as Al Capone took control of booze distribution. He taught the city well!
• Question from NomNom - I was excited about #bitcoin but this is giving me pause.

Crystal Ball: Wild and reckless prognostication.

Last week:

• Mark L. - 10.25
• Mark S. - 11.25
• Russell - 42.5

This week:

• Mark L.- 9.75
• Mark S. - 9.15
• Bill - 10.0
• Ghost of Russell - 35