VV 370: Volatility is Back ... For Now

28/09/2019 1h 5min Episodio 370
VV 370: Volatility is Back ... For Now

Listen "VV 370: Volatility is Back ... For Now"

Episode Synopsis

Host: Mark Longo, The Options Insider Media Group MIAX Hot Seat Co-Host: Shelly Brown - Executive Vice President, MIAX Exchange Group Co-Host: Andrew Giovinazzi, Option Pit Guest Co-Host: Brian Overby - Senior Options Analyst, Ally Invest VOLATILITY REVIEW Update on the latest trades, trends and developments in the world of volatility including: MARKET SELLING OFF AGAIN OVER MORE CHINESE / U.S. TENSIONS VIX cash, Spikes,VIX Futures and VVIX overview.  VIX options breakdown - LIGHT  VOLUME WEEK Spikes options breakdown - 18- UP OVER 4 FROM LAST SHOW  VIX cash - 17.5 - UP APPROX. 3.5 FROM LAST SHOW  VVIX - 104 - UP NEARLY 4 PTS FROM LAST SHOW  VXX - 24.3 -  UP 1.3 FROM LAST SHOW VIX Futures Curve - STILL IN CONTANGO And much more… SPIKES FUTURES   HERE WE GO! WE HAVE A LAUNCH DATE!   Volatility Index SPIKES Futures are expected to launch on MGEX on November 18, 2019, subject to Commodity Futures Trading Commission (CFTC) approval. SPIKES Futures will be available on MGEX via the CME Globex platform, providing the SPIKES Futures product with significant distribution from day one. BIG VOLATILITY WAGERS HIT MARKETS At least one options investor dished out $4.3 million for bullish bets on the VIX that would pay out if the gauge jumped to 23 by October, a huge advance from its current level, according to data provider Trade Alert. Another large trade would pay out if the gauge jumped to 25, a level it hasn't closed at since early January. VOLATILITY VOICEMAIL QUESTION FROM IRL8: Do brokers charge more to trade VIX and volatility products? QUESTION FROM CO54: Does this notion of having approval levels for vol etps have legs? THE CRYSTAL BALL Where will VIX/SPIKES be next week?   MARK: 17.55 ROCK LOBSTER: 9.97 BRIAN: 20