Volatility Views 192: Crude Oil Crazytown

Volatility Review: Earnings Volatility: TWTR and TSLA. Presidents Day holiday weekend coming out aggressively.

VIX Options:

• A strong volume week. 1.2M contracts Thursday.
• Total 6.87m (4.65m Calls, 2.22m Puts)
• What is going to goose the VIX?

Crude Oil:

• Volatility remains elevated - Crazy OIV spike on Weds, over 100.

Gold:

• GVZ 28.37 - extremely elevated!

Volatility Voicemail: Listener questions and comments

• No love for daily options - Twitter poll has 40% of respondents saying "heck no" to dallies!
• Question from Hot Emini - There is a big disconnect in retail that Theta is all. But is vega not the king greek for pros? What about gamma? where does that fall in the mix?

Crystal Ball: Highs in VIX?

• Russell - 25?
• Mark S. - 29/30?
• Mark L. - 23/24