Volatility Review: A look back on the week from a volatility perspective, which includes:

• VIX Cash
• RVX
• VIX Options
• VXUP
• VXDN
• And the Fed

Volatility Voicemail: In which listeners have their say

• Question from Mr. Rose - On 8/21/15, S&P lost 3.19% and VIX is up 8.89 points. Following Tuesday S&P down 2.96%, VIX up only up 2.38 points. Next Wednesday S&P up1.83%, VIX drops 5.31 points. Please explain.
• Question from Confused - Hey, is there an overwhelming biased to trading calls in the VIX? Why? What about VIX puts, does anyone trade them?
• Question from Jacob - What are some examples of basic volatility arb strategies? Thanks for the program.

Crystal Ball: Wild and reckless prognostication