Volatility Views

Volatility Views 398: All is Right With the World Again?

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• MIAX HOT SEAT: TOM JARCK, VOLATILITY PRODUCTS SPECIALIST, MIAX

VOLATILITY REVIEW SEGMENT

• NASDAQ WENT GREEN ON THE YEAR!
• THE MONTHLY REPORT ON THE EMPLOYMENT SITUATION IN THE U.S. SHOWED THAT 20.5 MILLION JOBS WERE ELIMINATED LAST MONTH, AND THE UNEMPLOYMENT RATE ROCKETED 14.7% FROM A 50-YEAR LOW OF ONLY 3.5% TWO MONTHS AGO AND 4.4% LAST MONTH.
• SPIKES: 30.2 - DOWN 8 FROM LAST SHOW
• VIX CASH: 29 - DOWN 9 FROM LAST SHOW
• VVIX: 116 - DOWN 5 FROM LAST SHOW
• LOOKING AT EARNINGS VOLATILITY THIS WEEK PARTICULARLY IN GRUB, PYPL

VOLATILITY VOICEMAIL

• QUESTION FROM LANCE: HELLO VOL CREW. LONG TIME FIRST TIME. LOVE MY VOL VIEWS WEEKLY FIX. I'VE EVEN TRADED SOME SPIKES! JUST WANTED TO SEE IF YOU GUYS CAUGHT THIS AND IF SO WHAT YOU THOUGHT OF IT? I THOUGHT THE CANADIANS WERE VOL SAVVY? - AIMCO'S $3 BILLION VOLATILITY TRADING BLUNDER

CRYSTAL BALL

• WHERE WILL VIX/SPIKES BE NEXT WEEK?

VOLATILITY VIEWS 397: Floor Traders vs. Volatility, Plus TSLA, AMZN, AAPL & More

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• MIAX HOT SEAT: DAVID LINCOLN, VIX CRUSH

VOLATILITY REVIEW SEGMENT

• APRIL WAS A GOOD MONTH FOR STOCKS
• MARKET RALLIED EARLIER IN THE WEEK OFF HOPE FOR GILLEAD'S CORONAVIRUS TREATMENT. NOW THAT RALLY IS FADING IN THE WAKE OF RENEWED TRADE HOSTILITIES WITH CHINA.
• ECONOMY STRUGGLING
• SPIKES: 38.5 - UP 1 FROM LAST SHOW
• VIX CASH: 38 - UP .75 FROM LAST SHOW
• VVIX: 121 - UP 4 FROM LAST SHOW
• CBOE PLANS REOPENING OPTIONS FLOORS JUNE 1
• OCC APRIL VOLUME: FUTURES DOWN 52.1 FROM APRIL 2019
• LOOKING AT EARNINGS VOLATILITY THIS WEEK PARTICULARLY IN TESLA (AND MUSK'S FOLLOW UP RANT), AMZN, AAPL AND MORE.

VOLATILITY VOICEMAIL

• QUESTION FROM EDSON: WHY DO YOU THINK SO MANY FIRMS ARE UNDERPRICING VOLATILITY THIS EARNINGS SEASON?

CRYSTAL BALL

WHERE WILL VIX/SPIKES BE NEXT WEEK?

VOLATILITY VIEWS 396: THE CRUDE VOLATILITY WHIRLWIND

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• MIAX HOT SEAT: TOM JARCK, MIAX EXCHANGE GROUP
• MIAX HOT SEAT: SHELLY BROWN, MIAX EXCHANGE GROUP
• GUEST CO-HOST: MATT AMBERSON, OPTION RESEARCH & TECHNOLOGY SERVICES

VOLATILITY REVIEW SEGMENT

• SO MUCH FOR THE CURE: MARKET RALLIED LAST WEEK OFF HOPE FOR GILEAD'S CORONAVIRUS TREATMENT. THIS WEEK NOT SO MUCH.
• CRUDE OIL APOCALYPSE: WE ALL DISCOVERED THAT WTI CAN GO NEGATIVE
• SPIKES: 37.5 - DOWN 1.5 FROM LAST SHOW
• VIX CASH: 37.25 - DOWN 1.75 FROM LAST SHOW
• VVIX: 117 - DOWN 10 FROM LAST SHOW
• LOOKING AT EARNINGS VOLATILITY THIS WEEK. THE EARNINGS SEASON HAS RETURNED LITTLE SO FAR TO VOLATILITY BUYERS.

VOLATILITY VOICEMAIL

• QUESTION FROM JACK: WHY IS VXX UP THIS WEEK
• QUESTION FROM NEILP: IS IT WORTH IT TO SELL IRON CONDORS ONE WEEK BEFORE EARNINGS AND THEN CLOSE THEM THE DAY BEFORE, OR MAYBE RIGHT BEFORE, THE EARNINGS ANNOUNCEMENT? MAYBE I'M JUST SPINNING MY WHEELS HERE.
• QUESTION FROM JJC: WHY HAS NO OTHER FLAVOR OF VIX REALLY CAUGHT ON WITH THE TRADING WORLD? VIX IS A HUGE HIT BUT OTHER VARIANTS AND ITERATIONS NOT SO MUCH.

CRYSTAL BALL

• WHERE WILL VIX/SPIKES BE NEXT WEEK?

Volatility Views 395: A CURE FOR VOLATILITY?

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• MIAX HOT SEAT: TOM JARCK, MIAX EXCHANGE GROUP
• MIAX HOT SEAT: SHELLY BROWN, MIAX EXCHANGE GROUP
• GUEST CO-HOST: ILYA FEYGIN, WALLACHBETH CAPITAL

VOLATILITY REVIEW SEGMENT

• THE CURE?: MARKET IS RALLYING TODAY OFF STRONG RESULTS FOR GILLEAD'S CORONAVIRUS TREATMENT.
• ALTHOUGH PERHAPS NOT THE "CURE RALLY" WE EXPECTED
• SPIKES: 39 - DOWN 10 FROM LAST SHOW
• VIX CASH: 39 - DOWN 10 FROM LAST SHOW
• VVIX: 127 - DOWN 18 FROM LAST SHOW

VOLATILITY VOICEMAIL

• QUESTION FROM NIC: EVERYONE'S LOOKING AT WAYS TO GET LONG NOW INCLUDING STOCK SUBSTITUTION STRATS LIKE THE FIG LEAF. BUT WHY DOES NO ONE TALK ABOUT STOCK SUBSTITUTION IN VOL PRODUCTS? OR I GUESS IT WOULD BE FUTURES SUBSTITUTION INSTEAD. GREAT SHOW.
• QUESTION FROM NIC: I'M ONLY TRADING WEEKLIES RIGHT NOW TO AVOID WEEKEND VOLATILITY. AM I BEING PARANOID?

CRYSTAL BALL

WHERE WILL VIX/SPIKES BE NEXT WEEK?

Volatility Views 394: Vol Man Is Sad

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• MIAX HOT SEAT: TOM JARCK, MIAX EXCHANGE GROUP
• MIAX HOT SEAT: SIMON HO, T3 INDEX

VOLATILITY REVIEW SEGMENT

• TERRIBLE NONFARMS -AS EXPECTED
• HIGHEST VOLUME MONTH EVER FOR U.S. EQUITY OPTIONS INDUSTRY
• SPIKES: 49 - DOWN 14.5 FROM LAST SHOW
• VIX CASH: 49 - DOWN 15 FROM LAST SHOW
• VVIX: 145 - DOWN 30 FROM LAST SHOW

VOLATILITY VOICEMAIL

• QUESTION FROM ADAM: IS IT SAFE TO START BUYING OPTIONS AGAIN IN VXX? HAS THE VOL CRASH HAPPENED YET?

CRYSTAL BALL

WHERE WILL VIX/SPIKES BE NEXT WEEK?

Volatility Views 393: Volatility and Vegan Meatballs

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• MIAX HOT SEAT: SHELLY BROWN, EXECUTIVE VP, MIAX

VOLATILITY REVIEW SEGMENT

• $2T STIMULUS APPROVED BY HOUSE - HEADED TO TRUMP FOR SIGNATURE.
• THE MOTHER OF ALL DEAD CAT BOUNCES?
• SPIKES: 63.5 - UNCHD FROM LAST SHOW
• VIX CASH: 64 - UNCHD FROM LAST SHOW
• VVIX: 175.5 - DOWN 13 FROM LAST SHOW

VOLATILITY VOICEMAIL

• QUESTION FROM PANKASE: WHAT ARE YOUR THOUGHTS ABOUT PLAYING IN LONGER-TERM VOL HERE - 1YR PLUS OUT. WORTH IT OR NOT ENOUGH VEGA BANG FOR YOUR BUCK?
• QUESTION FROM ALEX LUNDGREN: WILL SOMEONE PLEASE EXPLAIN THE $VIX AND APRIL FUTURE DISCONNECT TO ME??

CRYSTAL BALL

WHERE WILL VIX/SPIKES BE NEXT WEEK?

Volatility Views 392: HOW MUCH VOLATILITY CAN WE HANDLE?

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• MIAX HOT SEAT: SHELLY BROWN, EXECUTIVE VP, MIAX
• MIAX HOT SEAT: TOM JARCK, VOLATILITY PRODUCTS SPECIALIST, MIAX
• GUEST CO-HOST: EUAN SINCLAIR, PARTNER, TALTON CAPITAL MANAGEMENT

VOLATILITY REVIEW SEGMENT

• HERE WE GO AGAIN! YET ANOTHER CRAZY VOLATILITY WEEK ON THE BOOKS.
• CALIFORNIA LOCKED DOWN, NEW YORK BANNING EMPLOYEES FROM GOING TO WORK: YET THE MARKET WAS RALLYING.
• VOLATILITY PRODUCTS HITTING ABSURD LEVELS ACROSS THE BOARD - TVIX HIT 969 ON 3/18, VXX HIT 77 ON 3/18, ETC.
• SPIKES: 63.5
• VIX CASH: 64
• VVIX: 188.75

VOLATILITY VOICEMAIL

• QUESTION FROM MATT: I KNOW VOLATILITY HAS NO THEORETICAL LIMIT. IT CAN ALWAYS GO TO A MILLION. BUT IS THERE A PRACTICAL CEILING WHERE YOU THINK VIX CAN'T REALLY GET ABOVE? NOT WITHOUT THE WORLD FALLING APART.
• QUESTION FROM TOG: HELLO VOL CREW. WHAT ARE YOUR THOUGHTS ON GETTING BACK ON THE SHORT VXX TRAIN.

CRYSTAL BALL

WHERE WILL VIX/SPIKES BE NEXT WEEK?

Volatility Views 391: Once More Unto the Breach

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• MIAX HOT SEAT: SIMON HO, CEO, T3 INDEX

VOLATILITY REVIEW SEGMENT

• HOT ON THE HEELS OF THE WORST SELLOFF SINCE 1987
• A HISTORIC WEEK FROM ANY PERSPECTIVE!
• CME CLOSED ITS TRADING FLOOR TO START THE WEEK
• NOW CBOE IS FOLLOWING SUIT AFTER TODAY
• SPIKES: 70 - UP 23 FROM LAST SHOW
• VIX CASH: 72.4 - UP 24 POINTS FROM LAST SHOW
• VVIX: 178.50 - UP 51.5 FROM LAST SHOW

HOT VOLATILITY POSITIONS AND TRADES

• SPIKES
• VIX OPTIONS
• VXX

VOLATILITY VOICEMAIL

• QUESTION FROM MIKE WIENICK: IF THE MARKETS ARE SHUT DOWN DUE TO THE EXTRAORDINARY CIRCUMSTANCES AND I HAVE EXPIRING IN THE MONEY PUTS THAT I BOUGHT - WHAT HAPPENS? ARE THE EXPIRING OPTIONS AUTOMATICALLY EXERCISED OR ARE DO JUST EXPIRE WORTHLESS BECAUSE THE MARKET WAS SHUTDOWN?

CRYSTAL BALL

WHERE WILL VIX/SPIKES BE NEXT WEEK?

• MARK: 61.5
• SEBASTIAN: 56.25
• SIMON: 55

Volatility Views 390: Volatility Is Feeling The Bern

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP

• CO-HOST: MARK SEBASTIAN, THE OPTION PIT

• MIAX HOT SEAT: RUSSELL RHOADS, TABB GROUP

VOLATILITY REVIEW SEGMENT

• CBOE RISK MANAGEMENT CONFERENCE RUNDOWN.
• ANOTHER ROUGH WEEK FOR THE MARKET.
• SPIKES: 46.90 - UP .15 FROM LAST SHOW
• VIX CASH: 48.4 - UP 2.4 POINTS FROM LAST SHOW
• VVIX: 126.90 - UP .15 FROM LAST SHOW

HOT VOLATILITY POSITIONS AND TRADES

• SPIKES
• VIX OPTIONS
• VXX

VOLATILITY VOICEMAIL

• QUESTION FROM LANCASTER: HAVE YOU HEARD ANY MORE ABOUT THE STATUS OF SVIX?

CRYSTAL BALL

WHERE WILL VIX/SPIKES BE NEXT WEEK?

• MARK: 43.5
• SEBASTIAN: 49.38
• RUSSELL: 37

Volatility Views 389: The Great Volatility Standoff

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: ANDREW GIOVINAZZI, THE OPTION PIT
• MIAX HOT SEAT: SIMON HO, T3 INDEX

VOLATILITY REVIEW SEGMENT

• THIS IS A HISTORIC WEEK BY ANY MEASURE.
• DOW SET FOR IT'S 5TH WORST WEEK OF ALL TIME.
• SPX: S&P OFF OVER 10%
• SPIKES: 46.75 - UP 33 FROM LAST SHOW
• VIX CASH: 46 - UP 32 POINTS FROM LAST SHOW
• VVIX: 126.75 - UP 28 FROM LAST SHOW

HOT VOLATILITY POSITIONS AND TRADES

• SPIKES
• VIX OPTIONS
• VXX

VOLATILITY VOICEMAIL

• QUESTION FROM YELA: DID 50 CENT TAKE HIS PROFITS? THANK YOU.
• QUESTION FROM THOMAS: I'VE HEARD IT SAID THAT IT'S BEST TO BUY VIX WHEN IT'S HIGH AND SELL IT WHEN IT'S LOW? IS THAT TRUE? WHY?

CRYSTAL BALL

WHERE WILL VIX/SPIKES BE NEXT WEEK?

• MARK: 32.45
• ANDREW: 29.50
• SIMON: 43