May 31, 2016
- Volatility Review: A look at the week from a volatility perspective.
- VVIX: 77.50 on the low end of the recent range.
Russells Weekly Rundown:
- VIX Options: Mon - 206k, Tues - 560k, Weds - 592k, Thurs - 266k. Total 6.34m (4.55m Calls, 1.78m Puts)
- XIV: Hit 29.98 this year - the highest level of the year. Relative strength above 60 and rising which points to continued complacency in the marketplace.
Crystal Ball: In which we predict the closing price of VIX.
- Andrew - 12.95
- Mark L. - 13.5