Preview Mode Links will not work in preview mode

Volatility Views

Volatility Views is the premier radio program for volatility traders. From interviews with leading industry guests to detailed analysis of volatility products, this program takes you inside the world of volatility trading like never before. If you are an experienced options trader looking to expand your understanding of volatility, or if you are simply curious about VIX and other volatility products, then this is the program for you.

Jan 9, 2017

Volatility Review: A much quieter start to 2017 than expected. VIX Cash at 11.67. VVIX at 81. VIX Futures: Front month premium at 1.43. 2016 was a good year for the volatility business. From a CBOE press release: Several trading records were set for the year.

Russells Weekly Rundown

  • VIX Options: ADV: 544k
  • A fairly light volume week to kick off the new year.
  • Total 5.9M (4.4m Calls, 1.5m Puts)
  • What is the impact of the Volcker Rule of volatility?
  • Oil Volatility: OIV/OVX - 31.5, crude Vol creeping back above 30.

Volatility Voicemail: Pop quizzes, questions, and comments

Happy New Year! First #QuestionOfTheWeek for 2017. Total #Options volume dropped 2% last year. How will 2017 #Options volume compare?

  • About the Same (+- .5%)
  • Modest Increase (up 1-2%)
  • Modest Drop (down 1-2%)
  • Big Change (+- over 2%)

#Volatility Pop Quiz - New Years edition: The trillion dollar question - Where will $VIX close at the end of 2017?

  • Below 12
  • Between 12-15
  • Between 15-18
  • Over 18

Listener questions and comments:

  • Comment from Alaran: I think the 30 strike is popular each month simply because big insurance firms need to hedge themselves against calamitous market events. VIX > 30 = calamitous event in the eyes of many.
  • Question from Julio: In the spirit of the new year, when are we going to get new VIX products? Especially Monday through Friday weekly VIX options?

Crystal Ball: Looking into the future

Two weeks ago:

  • Mark L. - 11.25
  • Russell - 12
  • Ghost of Mark S. - 5.2

This week:

  • Mark L. - 11.5
  • Russell - 10.99
  • Mark S. - 12.01