Volatility Views 316: So Much Love for VXX Puts

Volatility Review: A review of the week from a volatility point of view, featuring guest co-host David Lincoln of The Short Vol Show.

• VIX Cash - 11.83, down slightly from last week.
• VVIX - 88, three-points lower than last week.
• VIX Options - ADV: 440k, VIX call/put: 2.9/1, Total 6.44m (4.79m Calls, 1.64m Puts)
• VXX - 30.5, half a point lower than last week.
• Earnings Volatility: Apple, Tesla, Activision/Blizzard, Shake Shack, Blue Apron, Go Pro and Cboe

Volatility Voicemail: Listners take over

Options question of the week: Earnings season is still in full swing. Which names will dominate your #Options trading this week?

• 46% - Apple, $AAPL
• 40% - Tesla, $TSLA
• 8% - GoPro, $GPRO
• 6% - CBOE, $CBOE

Listener questions and comments:

• Question from Nils - You guys buying any more of those VXX puts?
• Question from Roxy -Explain to me again how buying thousands of worthless January puts in VXX is a good trade?
• Question from Elan - My broker doesn't list the $VIX futures alongside the options. It's damn confusing! Why don't they all just post them so I can see what I'm trading my options on? Instead I have to pull up a separate platform with the futures quotes so I can make sense of it all.

Crystal Ball: Wild and reckless prognostication

Last week:

• Mark L. -12.45
• Andrew -13.25

This week:

• Mark L. -11.45
• Mark S. -12.76
• David - 12.05