Volatility Views 294: Can We Breathe Again?

Volatility Review: VIX Cash is back in the teens. Are VIX Futures returning to contango? Volatility's awakening spurs a record long position in VIX Futures.

Kevin's Weekly Rundown:

• VIX Options: ADV - 983k, VIX call/put: 2.3, Total 10.6m (7.30m Calls, 3.26m Puts)
• The VIX Whale finally gets his payday
• The great inverse volatility ETP debate continues.

Volatility Voicemail: Options question of the week

It's been a rocky week for the markets. People are understandably scared and confused. That raises the question: Which product are you most concerned about over the next 30 days? Aka - which product would you not touch with a 10-foot pole?

• VIX
• SVXY
• SPY
• Bitcoin: XBT, BTC, etc.

Listener questions and comments:

• Question from Volbug: Mark and friends, now that SVXY has been reset or beaten, would another big VIX surge day have the same impact on it? Thanks.
• Comment from Pete Yarbro‏ - I feel like I have a better understanding of $VIX, $VX and the volatility ETFs than some very high profile stock market commentators, and all I do is listen to a podcast. @Options @OptionPit @OptionVol
• Comment from Dog Shogun - Vol Views rules
• Comment from Olivetrader2 - It's amazing what you can learn from podcasts. I am not sure I want to tell everybody though

Crystal Ball: Back to wild and reckless prognostication

Next week:

• Mark L. - 17.55
• Mark S. - 16
• Kevin - 19