Volatility Views 271: Hurricanes, Nukes and VIX - Oh My!

Volatility Review: A look back at the week from a volatility perspective Shortened holiday week hit with a never-ending parade of hurricanes Don't forget North Korea Oh, and the President Bonds are screaming August options volume is strangely high. So much for vacationing for the month VIX up into the 12-handle. Will it hit the low teens? VIX Cash: High of 14.06 on Tuesday VVIX: 99 CBOE SKEW Index: 135.39 - 5 points higher than last week Russell's Weekly Rundown: Will people start using weekly options on Monday for the upcoming week's risk? CME Fed tool has next potential rate hike at next August, and only 50-50 Why are people buying vol into the weekend? VIX Options on this short week: ADV - 796K; Thurs. - 894K; Weds. - 603K; Tues.- 1.16M; Mon. - Closed. VIX Call/Put: 3.4 Hot VIX Strikes: 635482 .VIX Oct 18th 25.0 C, chg +4681 460502 .VIX Sep 20th 20.0 C, chg -6238 414217 .VIX Oct 18th 12.0 P, chg +13048 376664 .VIX Oct 18th 15.0 C, chg -70943 285530 .VIX Sep 20th 18.0 C, chg +3297 268153 .VIX Sep 20th 21.0 C, chg -14404 265517 .VIX Sep 20th 23.0 C, chg -1246 259376 .VIX Sep 20th 17.0 C, chg -226 251586 .VIX Sep 20th 19.0 C, chg +1678 249889 .VIX Oct 18th 20.0 C, chg -149520 Total 12.5m (9.43m Calls, 3.03m Puts) Volatility Voicemail: Listener Questions and Comments Options Question of the Week: As Q4 looms, where are you placing your bullish #Volatility bets? Which has most #Upside by end of 2017? $VIX $AMZN #WTI $GVZ Gold Volatility Crude Oil Volatility S&P 500 Volatility - VIX Single Names - $AMZN, etc Listener Questions: Question from Elbu: Seems like everyone is jumping on the short $VIX bandwagon these days. Since when does the NYT cover volatility trading? RE: this article - Day Trading in Wall Street's Complex "Fear Gauge" Proliferates Question from Elly: What's the ideal month/strike combo when buying puts on VXX? 6 months / 25% OTM? Crystal Ball: Wild and reckless prognostication Where do the hosts think the VIX will close next week? Last Week Mark L.: 10.15 Mark S.: 10.65 Russell: 11.11 This Week Mark L.: 11.5 Mark S.: 11.01 Russell: 12.25