Volatility Views Volatility Views 234: The Baskin Robbins of Volatility Skew
Dec 19, 2016
01:04:10
Volatility Review: A look back at the week from a volatility perspective
- VIX Cash: 12.3
- VVIX: 91
- VIX Futures are about 2.5 handle premium between cash & Jan futures.
- VIX Options: 845K contracts on Tuesday lighter volume the rest of the week. Total 7.79m (5.49m Calls, 2.30m Puts)
- Oil: Crude Vol continues to be crushed with OIV/OVX at 30.
Volatility Voicemail: Question and answer time
#QuestionOfTheWeek: Financial advisors represent the last options frontier. What level of options knowledge do you expect from your advisor?
- None - I'll do it myself
- Level 1: Buy Puts/Calls
- Level 2: Income & Vol
- Level 3:Option Specialist
- Question from Hitman - Is the crab priced in yet? What about black swan events? Any options indicators shooing one of those may be on the horizon?
- Question from Vegan - You mention the Fed with regards to equities. Should the Fed really care about what the market is doing?
Crystal Ball: In which the hosts guess the close of next week's VIX
Last Week:
- Mark L. - 12.25
- Mark S. - 11.5
- Russell - 13.5
This Week:
- Mark L. - 11.75
- Andrew - 12.55
- Russell - 13