Volatility Views Volatility Views 238: VIX Mullets vs. VIX Tellums
Jan 17, 2017
01:01:21
Volatility Review: A much quieter start to 2017 than 2016 so far.
- VIX Cash - 11.54
- VVIX - 90.5
- VIX Futures: Front month premium to cash: < 1; Two-month premium to cash: 2.70
- Expect 2017 to be more volatile than last year.
- VIX Options: A heavy volume week - ADV: 554k; Total 7.5M (5.7m Calls, 1.8m Puts)
- Oil Volatility: OIV/OVX - 29.87
Volatility Voicemail/QuestionOfTheWeek:
$VIX hit a high of 28 last year. How high will $VIX get in 2017?
- About the same (27-29)
- Slightly Lower (24-26)
- Slightly Higher (30 - 33)
- Much Higher (Above 33)
- Listener Question from ChilliBill: The fed report from the last show was pretty damning. Any other secret studies on Volcker and Vol lurking out there?
Crystal Ball: Wherein the hosts prognosticate on where the VIX will close.
Last week:
- Mark L. - 11.5
- Russell - 10.99
- Mark S. - 12.01
This week:
- Mark L. - 12.25
- Guest - 14.51
- Mark S. - 11.5