Volatility Views 244: The Vibrant Asian Warrant Scene

Volatility Viewpoint: featuring Tobias Hekster Co-CIO at True Partner Capital USA.

He discusses:

• His background in the volatility space
• Which products did he trade?
• The Hong Kong volatility scene
• What does True Partner Capital do?
• What does True Partner Capital trade?

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

• VIX Cash: 11.71 and VVIX: 82.20, both almost unchanged from last week.
• CBOE Skew Index: 141, approaching the 6-month high of 146 set on Jan 20.
• VIX Futures term structure surprisingly steep, VIX futures bid even though realized volatility remain above 6. Front month premium to cash: 1.9, steeper than last week. Two-month premium to cash: 3.50, much steeper than last week.

Russell's Weekly Rundown:

• VIX Options: A mild volume week. Mon - Closed, Tues - 719k, Wed - 524k, Thurs - 78k, ADV - 575k. VIX Call/Put: 2.6/1. Total 8.57m (6.21m Calls, 2.35m Puts)
• OIV/OVX: 25.52, oil volatility continues to be crushed.
• GVZ: 13.68, also continues to erode.
• TYVIX: 5.29

Volatility Voicemail: So many questions

Options #QuestionOfTheWeek: $VIX has already hit single digits under @realDonaldTrump. How low will it get during the rest of his term?

• It wont break 10 again
• Between 9-10
• Between 8 - 9
• Below 8
• Question from Fksthlm: VSTOXX vs VIX Frexit risk: your view on this in today's show would be very interesting!

Crystal Ball: Wild, reckless prognostication

Last week:

• Mark L. - 10.45, Mark S. - 10.85, Russell - 11.75

This week:

• Mark L. - 11.25, Mark S. - 11.50, Russell - 12.34, Tobias - 12.65