Volatility Views 265: What A Historic Week For Volatility

Volatility Review: A look back at the week from a volatility perspective

The Numbers:

• VIX Cash back in double digit territory.
• VVIX - 86.87
• CBOE Skew Index - 130
• VIX Options - ADV: 653k, VIX Call/Put: 3.9/ 1; Total 10.4m (8.23m Calls, 2.13m Puts
• Traders 'Shocked' by VIX Bet That Could Pay $265M.
• Bond Trader's $10 Million Volatility Bet Is Paying Off

Earnings Volatility:

• Monday: Alphabet opened down nearly 2%, Low of 963.
• Tuesday: Chipotle opened up approx. $6.50, then plummeted $15
• Wednesday: Facebook opened up $8.87, traded up as high as $9.88.
• Thursday: Amazon ATM straddle approx. $49

Crystal Ball: What does the future hold for the VIX?

Last week

• Mark L. - 10.25
• Russell - 9.76
• Mark S. - 10.04

This week

• Mark L. - 9.75
• Andrew - 10.25