Volatility Views 131: Breaking Down VolDex, SkewDex and TailDex
Volatility Viewpoint: Today’s guest is Scott Nations, president and chief investment officer NationsShares. NationsShares and ISE have partnered on a new volatility product – Voldex. He discusses:
Why is this methodology superior to the current VIX methodology?
How would Voldex have performed over this crazy week period compared to VIX?
Why do we need this product?
Does he expect traders to abandon VIX for this or instead using it as a spreading tool?
An overview of two new planned additional products, Skewdex and Taildex.
VIX Cash: Insane realized and implied volatility this week. Range: 14.05-19.38.
VIX Futures: VIX cash trading at a premium to all futures except April 2015.
VIX Options: Nearly 1 million contracts on Thursday.
Crystal Ball: Jared and Andrew guess vol recklessly.