Volatility Views 270: Return of VIX Ratios Plus VXX Questions

Volatility Review: A look back at the week from a volatility perspective. The numbers: VIX Cash - 10.59, VVIX - 94.86 CBOE Skew Index - 130.5 Russell's Weekly Rundown: VIX Options: ADV - 785k, VIX Call/Put - 3.3 Total 12.0m (9.24m Calls, 2.76m Puts) OIV - 28.29 OVX - 28.37 Volatility Voicemail: Options Question of the week: Let's get cheap! If you had to buy "lottery ticket" December calls for $.05 in one name - which would you choose? #HomeRun AMZN AAPL Tesla VIX Listener Questions and Comments: Question from JC - What am i missing? If VXX erodes why does anyone buy it? Question from Simyan - So I should just short VXX into the dust? Is that the deal? Question from Nils - So if the max length between splits is 3 years, and the minimum split price is $10 - aren't the Jan 2019 20 puts for $2 a screaming deal? Question from TimTim - Do any other Vol products exhibit this erosion? Crystal Ball: Wild prognostication Last week: Mark L. - 11.75 Mark S. - 11.00 Russell - 10.80 This week: Mark L. - 10.15 Mark S. - 10.65 Russell - 11.00