The VIX is screaming higher, hitting a 27 handle as the "Danger Zone" officially reopens. On this episode of Volatility Views, Mark Longo is joined by Russell Rhoads, Andrew Giovinazzi, and Matt Amberson to break down a chaotic week fueled by active conflict in the Middle East and a "charitably termed" terrible non-farm payrolls number. Plus, the legend himself, Kenny Loggins, returns to the program as volatility looks skyward.

On this episode, the panel dives into:

• The Volatility Review: Analyzing the 6-point spike in VIX Cash and the massive 15-point jump in the VVIX.

• The Oracle of New Hampshire: Matt Amberson (ORATS) explains why things are spicy enough for him to start buying straight puts.

• Russell Rhoads' Weekly Rundown: A deep dive into VIX option flow, including the massive interest in the March 20 puts and the July 60 calls.

• The Return of the Loggins: Kenny Loggins joins the show as the market flirts with "panic" territory and the backwardation deepens.

• Stagflation Worries: Andrew Giovinazzi and the team discuss why $90 oil and bad employment data are a nightmare for the Fed.

• Crystal Ball: The team makes their bold (and high) VIX prognostications for next week.