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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.

Jul 9, 2018

Volatility Review: What trade war? The market rallies despite the fact that the trade war has begun.

Market review:

  • VIX Cash - 13.75, 1.25-points lower than last week.
  • VVIX - 103, almost unchanged from last week.
  • VIX Options - ADV: 496K, VIX call/put: 2.7/1, Total 7.04m (5.16m Calls, 1.88m Puts)
  • A lot of VIX risk reversals hitting the tape today.
  • VXX - 34.6,0.5-points lower than last week.

Volatility Voicemail: Flash poll

Which product or complex will experience the greatest #Volatility going forward as a result of this trade war? Gold? Crude Oil? Equities? Soybeans?

  • Soybeans
  • Gold
  • Crude Oil
  • Equities

Options question of the week: Traders generally fade volatility going into holidays (today notwithstanding). What's your favorite vehicle when you want to wager on the dark side of volatility? Short-term or Long-term - that's up to you.

  • Short VIX Futures
  • Long VIX Puts/Spread
  • Long VXX Puts/Spread
  • Short VIX Calls/Spreads

Listener questions and comments

  • Question from LVist - Are you guys as surprised as me by VXX's stubbornness? It refuses to break the 30 handle.
  • Question from Casey - Is it me or is the vol space much more boring after VIX/SVXY? Those were my two favs. Seems like there's not much to take their place. What's the new short vol play?

Crystal Ball: Your prognostication headquarters

Last week:

  • Mark L. -12.55
  • Mark S. -12.95

This week:

  • Mark L. - 12.50
  • Mark S. - 12.90
  • Guest - 13.63