Volatility Views 212: VIX Puts and GLD Call Skew

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

• VIX Cash: About 15, lower than predicted.
• VVIX: 90, back below 100, but still elevated.

Russells Weekly Rundown:

• Weekly Futures
• VIX Options: A light post-holiday week. Tues: 585k, Weds: 437k, Thurs: 386k, Total 7.15m (4.54m Calls, 2.62m Puts)
• Earnings Volatility
• VRX: Bullish options bets surge on Valeant
• Crude Oil: Back in the toilet. OIV: 43, OVX: 43

Volatility Voicemail: Listener questions and comments

• Question from Engstromm: Can I trade OVX?
• Question from StGermain: When is it preferable to use VIX Options and when is it better to use VIX Futures?

Crystal Ball: Wild prognostication ensues

Last Week:

• Mark L.:19
• Mark S.:15
• Russell: 18

This Week

• Mark L.: 15
• Mark S.: 13.5
• Russell: 16.25