Volatility Views 258: Testing Historic New Lows in VIX

Volatility Views

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

• VIX hits a new low of 9.37
• Comey's testimony fails to move the needle
• Maybe Britain will provide the spark VIX needs?
• VIX Cash - 9.47, VVIX - 83.28, almost unchanged from last week.
• CBOE Skew Index - 127.09, slightly higher than least week.
• VIX Futures - still steep. Front month - 1.5, Second month - 2.3

Russell's Weekly Rundown:

• VIX Options, Mon - 459k, Tues - 473k, Weds - 453k, Thurs - 473k, ADV - 722k. VIX Call/Put: 3.3/1. Total 9.20m (7.06m Calls, 2.14m Puts)
• VXX - ADV 356k, OI - 1.2/1 calls over puts.
• OIV - 32.31
• OVX - 33.84

Volatility Voice mail: Questions, comments, polls and more!

With $VIX giving up the ghost - which products are you hoping will provide new sources of #Volatility for your #options trading?

• Crude Oil (WTI, etc)
• Metals ($GLD, $SLV, etc)
• FX (GBP/USD, etc)
• Indv. Equities-$TSLA, etc.

Listener Questions and comments

• Comment from John King - #Fired #FBI director completes televised #Testimony negative for sitting #president & #VIX DOWN .41 to 9.98. Just plain crazy. @Options #USA
• Comment from AGTrader - God help them when they have to all cover at once.

Crystal Ball: Your prognostication headquarters

This week:

• Mark L. - 9.75
• Mark S. - 10.5
• Russell - 11.23