Volatility Views 214: All Things VIX and More

Volatility Review, featuring special guest: Bill Luby from VIX and More.

• VIX Cash: 12.18; Earnings season and the Fed not injecting substantial volatility into the marketplace
• VIX Futures: Still surprising premium to cash
• VVIX: 88.42. Back below 100, but still elevated

VIX Options: A light volume week across the board in all products, including VIX

• Mon: 557k, Tues: 774k, Weds: 338k, Thurs: 566k, Fri: 163k
• Total 4.95m (3.41m Calls, 1.54m Puts)

Earnings Volatility: Big names on the earning docket this week:

• AT&T (T)
• Chipotle Mexican Grill (CME)
• E*Trade Financial (ETFC)

Crude Oil:

• OIV: 39
• OVX:39

Volatility Voicemail: Listener questions and comments

• Question from AL08: IV or HV. Which is most important? Which should I pay attention to?
• Question from Jack King: What is the primary driver of volatility, skew puts or calls?

Crystal Ball: Guess the closing price of the VIX

Last Week:

• Mark L.: 13.25
• Andrew: 12.25
• Russell: 13.51

This Week:

• Mark L.: 11.5
• Mark S.: 9.5
• Russell: 17.35
• Bill: 12.71