Volatility Viewpoint: Today we are joined by Jack Fonss, CEO of Accushares. He discusses:

• An overview of VXUP / VXDN
• What is the current affiliation Prof. Whaley has with Accushares?
• Recent changes and the thought process behind them.

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

VIX Cash:

• A crazy week for VIX.
• Vol soared on Monday.
• Volatility still very elevated post-FOMC

Russells Weekly Rundown:

• VIX Options: Total 5.62m (3.73m Calls, 1.89m Puts)

Crystal Ball: It's time for everyone's favorite game: Where will the VIX close on Friday?

Last week:

• Russell: 16.5
• Mark S.: 18.01
• Mark L.: 15.5

Next week:

• Russell: 18.5
• Mark S.: 15
• Mark L.: 17