Volatility Views 335: 2018 Vol Review Spectacular

VOLATILITY REVIEW

VIX Cash - 28, nearly 6-points higher than last show.

VVIX - 95, 10-points lower than last show.

Mnuchin Blames Volcker Rule, High-Speed Trading for Volatility - https://www.bloomberg.com/news/articles/2018-12-18/mnuchin-blames-volcker-rule-high-speed-trading-for-volatility

VIX Options - 575k, Total 6.73m (5.24m Calls, 1.50m Puts)

VXX - 50, 4-points higher than last show.

2018 Theme - The Year That Vol Returned, aka the year we got the real Trump administration

 

 

 

CRYSTAL BALL

Final #QOTW for 2018 - It's the big one! Time to play along w/ #VolatilityViews and dust off your #CrystalBall. Quite simply - where do you think $VIX will close for 2019? Bonus points: Reply/DM/Email w/ your specific pick. Closest (within 1pt) will win Fabulous Prizes.

- Low: 8-11.99

- Normal: 12 -16.99

- Elevated: 17- 23

- Very Elevated: > 23

 

Twitter Guesses:

Neil Wales - 13.3

Contango - 12.14

Mail Man Dan - 12/31 closes at $257.50 on $SPY and $VIX at $22.50

Brad Huff - 27.25

Filip (FContangotrader) - 32.4

Matt Thompson - 18.03

Ahmed Sharif - Feels 3 cents too high to me

Pat Hennessy - 21.52

David Lincoln - 16.90

Bill Luby - EOY 2019 $VIX guesstimate:  15.83

Ophir Gottlieb - 25.42

Andrew Nightingale - 32

Andrew Giovinazzi - 16.1

Trading Volatility - 24.3

Us:

Andrew - 16.01, Avg: 14.99

Mark L. - 17.10, Avg: 17.60