VV 369: The Vol Worm Turns While VIX Gravity Battle Rages

• Host: Mark Longo, The Options Insider Media Group
• MIAX HOT SEAT CO-HOST: Dave Lincoln, The Short Vol Show
• Co-Host: Andrew Giovinazzi, Option Pit

VOLATILITY REVIEW

Update on the latest trades, trends and developments in the world of volatility including:

• JUDGING BY THE VOLATILITY MARKET YOU’D NEVER KNOW THAT WE HAD A HISTORIC ATTACK ON THE OIL INFRASTRUCTURE THIS WEEK.

• VIX cash, Spikes,VIX Futures and VVIX overview. 

• VIX options breakdown - decent volume week

• Spikes options breakdown - 13.95 - DOWN .25 FROM LAST SHOW 

• VIX cash - 13.90 - ALMOST EXACTLY UNCHD FROM LAST SHOW 

• VVIX - 96.5 - DOWN 3 PTS FROM LAST SHOW  

• VIX Futures Curve - STILL IN CONTANGO. 

  FROM MATT THOMPSON: 

  • Spot $VIX "gravity" on VIX futures does not get stronger when the curve is steep.  In fact, the opposite.  
  • Why?  Because steep curve = a lot of time to expiration.  and "gravity" has the greatest effect when a future is close to expiration
• And much more...

THE CRYSTAL BALL

Where will VIX/SPIKES be next week?

• MARK: 14.25
• ROCK LOBSTER: 13.59
• DAVE LINCOLN: 12:08