Volatility Views 74: Digging Deep into the Listener Mailbag

Volatility Review: Most indices down 1% fueled by rumors out of Washington about a collapse in the deal over the impending "fiscal cliff."

Listener Mail: So many questions for us to answer.

• Tweet from Doc Hudson: What is your pick for volatility trade/product/development of the year?
• Tweet from Man of Steel: What do people mean by “selling or buying skew”? What are those trades?
• Tweet from VIXen - Why are iron condors so hot right now? Seems like everyone is selling them these days no matter the vol landscape.
• Email from Sam Felis: Why are the front-month VIX futures trading above the cash right now? I need the Vol Views pros to explain this to me.
• Tweet from Sam Dash: Don -- sell or don't sell vol in 2013? Give me your thoughts?

The Crystal Ball: What can we expect to see in 2013?