Volatility Views 223: Putting the Smack Daddy on Vol

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

• VIX cash:
  • Janet & Co. crushed vol. VIX cash back in the toilet, but futures are still rich
  • 30-day HV: 11
  • 30-day IV: 10
  • VXX: Futures setting up for a VXX implosion
  • VVIX: at 89, or 20 handles lower than last week
• Russell's Weekly Rundown:
  • 1000-lot VIX weekly trades creates a synthetic VIX collar
  • Two-way action in the VIX Sep28 13 calls
• The week in VIX volume:
  • Monday: 546,000
  • Tuesday: 661,000
  • Wednesday: 727,000
  • Thursday: 751,000
• Crude
  • OIV/OVX: 40. Same as last week
• Gold
  • GVZ: 13.73. Close to a 52-week low

Volatility Voicemail: Listener questions and comments

• Comment from Jim Investor: Shortsighted market over focused on Yellen. Soon they eye Trump widening lead in battleground states
• Comment from John King: Since #SPX has 15+ "non-standard" expirations/month VS 1 "standard" -isn't it time @CBOE truly standardizes the monthly?
• Comment from Mark Brant: Sell VIX 2M CV (X+5) (X+9) daily thru settlement (regression). X=ATM. Risk 1% $4 daily. Sold today's SPX IB wide 4X every 10 points today! Dailies rock!
• Comment from ThinkTankTrading: all right,- first my question gets on volatility voice mail, Next the world muhahahaha evil laugh.

Crystal Ball: In which the VIX giveth and taketh away

Last week:

• Mark L. - 11.75
• Mark S. - 12.50
• Russell - 12.99

This week:

• Andrew - 12.25
• Russell - 13.40
• Mark L. - 11.60