Volatility Views 383: Dubious 1x2 VXX Spreads Plus Your VIX Picks

Volatility Views 383:  Dubious 1x2 VXX Spreads Plus Your VIX Picks HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: ANDREW GIOVINAZZI, THE OPTION PIT VOLATILITY REVIEW SEGMENT MIDDLE EAST TENSIONS CAN'T STOP THE BULL: MARKETS HIT NEW HIGHS AGAIN TODAY  SPIKES: 12.5 - DOWN 1 FROM  LAST SHOW  VIX CASH: 12.35 - DOWN .9 FROM LAST SHOW VVIX: 87.25 - DOWN NEARLY 4 PTS FROM LAST SHOW   HOT VOLATILITY POSITIONS AND TRADES  SPIKES VIX OPTIONS VXX VOLATILITY VOICEMAIL QUESTION FROM DAVID LINCOLN: @OPTIONS $VXX  21FEB 13/14 1BY2 PUTSPEAD TRADES 16,000X32,000  TRADES EVEN MONEY CUSTOMER BUYS THE 14 PUT... THOUGHTS? @OPTIONVOL @PAT_HENNESSY @OPTIONPIT THIS TRADED ON THE OPEN THIS MORNING.  ALSO 21FEB 12/13 PUT 1X2 TRADE LIKE 2 HOURS LATER 5000X1000 CRYSTAL BALL TIME TO PLAY ALONG W/ #VOLATILITYVIEWS AND DUST OFF YOUR #CRYSTALBALL. QUITE SIMPLY – WHERE DO YOU THINK $VIX WILL CLOSE FOR 2020? BONUS POINTS: REPLY/DM/EMAIL W/ YOUR SPECIFIC PICK. CLOSEST (MUST BE WITHIN 1PT TO QUALIFY) WILL WIN #FABULOUSPRIZES.  WHERE WILL VIX/SPIKES BE NEXT WEEK? MARK: 12.15? ROCKLOBSTER: 11.37?