Volatility Views 242: The Godfather of VXX

Volatility Viewpoint: Today we have special guest: Greg King, REX ETFs CEO/Founder, "The Godfather of VXX."

He discusses:

• The process for launching VXX
• How did it come about?
• The process for launching XIV
• Why make the switch into a short volatility product?
• What is REX ETF?
• How do the new products work?

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

• VIX Cash - under 11
• VVIX - 85.84
• VIX Futures: Front month premium to cash: 1.1. Two month premium to cash: 2.80.

Russell's Weekly Rundown:

• VIX Options: ADV - 559k. Mon - 350k, Tues - 519k, Weds - 886k, Thurs - 691k. Total 9.18m (6.82m Calls, 2.36m Puts).
• VIX Call/Put: 2.8/1
• CBOE Skew Index - 129, down 4.82 (3.6%)
• OIV/OVX - 29.50
• GVZ - 15
• TYVIX - 5.40

Crystal Ball: Wild and reckless prognostication.

Last week:

• Mark L. - 10.50!
• Mark S. - 10.92
• Russell - 12.01
• GUEST - 11.34

This week:

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