Feb 29, 2016
Volatility Review: VIX got ahead of itself breaking 20 based on bond hedge cost.
Russells Weekly Rundown:
- Wednesday weeklys!
VIX Options:
- Fairly light volume week.
- Thurs: 488k, Weds: 495k, Tues: 409k, Mon: 735k.
- Total 5.55M (3.89M calls, 1.66M puts)
Even more CBOE studies!
Crude Oil
Recent rumors of supply action driving crude.
Volatility remains on low end of recent elevated range. OIV/OVX -
67.
Gold: GVZ 23.36 (elevated)
Volatility Voicemail: Listener questions and comments:
- Options Question of the Week: No love for more options exchanges - Twitter poll has 60% of respondents saying "Heck no to more exchanges!!!"
- Question from George T. - What is the longest stretch of backwardation in VIX history?
Crystal Ball: Vol Predictions: Russell - higher than everybody - above 25. Mark S. - low 20s. Mark L. - 23