Volatility Views 391:  Once More Unto the Breach

Volatility Views 391:  Once More Unto the Breach

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• MIAX HOT SEAT: SIMON HO, CEO, T3 INDEX

 

VOLATILITY REVIEW SEGMENT

• HOT ON THE HEELS OF THE WORST SELLOFF SINCE 1987
• A HISTORIC WEEK FROM ANY PERSPECTIVE!
• CME CLOSED ITS TRADING FLOOR TO START THE WEEK
• NOW CBOE IS FOLLOWING SUIT AFTER TODAY
• SPIKES: 70 - UP 23 FROM  LAST SHOW
• VIX CASH: 72.4 - UP 24 POINTS FROM LAST SHOW
• VVIX: 178.50 - UP 51.5 FROM LAST SHOW

HOT VOLATILITY POSITIONS AND TRADES 

• SPIKES
• VIX OPTIONS
• VXX

VOLATILITY VOICEMAIL

• QUESTION FROM MIKE WIENICK: IF THE MARKETS ARE SHUT DOWN DUE TO THE EXTRAORDINARY CIRCUMSTANCES AND I HAVE EXPIRING IN THE MONEY PUTS THAT I  BOUGHT - WHAT HAPPENS? ARE THE EXPIRING OPTIONS AUTOMATICALLY EXERCISED OR ARE DO JUST EXPIRE WORTHLESS BECAUSE THE MARKET WAS SHUTDOWN?

CRYSTAL BALL

WHERE WILL VIX/SPIKES BE NEXT WEEK?

• MARK: 61.5
• SEBASTIAN: 56.25
• SIMON: 55