Volatility Views 217: The Mysterious VIX Futures

Volatility Review: A look at the week from an options perspective. VIX cash: Hit 52 week low this week: 11.02 VIX futures: Question from JJK: The Sep VIX futures are trading over $3 premium to cash. Seems pretty steep. Is the market pricing in a big sell-off in the near future? VVIX: Currently at 96.78 VIX Options: Mon: 660k, Tues: 765k, Weds: 635k, Thurs: 603k; Total 7.36m (5.10m Calls, 2.26m Puts) Crude Oil Gold Volatility Voicemail: Listener questions and comments Question from Service Dog: Do stock market circuit breakers have a significant impact on market volatility? Question from MoneyPenney: How does VXX work? Crystal Ball: Where will the VIX close? Last week: Mark L.: 11.15 Mark S.: 10.25 This week: Mark L.: 11.25 Mark S.: 11 Russell: 13