VIX - Spread Into Settlement / DEC INDEX Option Structure

97

The prior 398 Tick Settlement has declined to ~269 Ticks.

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Daily Low VX Price Objective remains 12.25.

It is difficult to Imagine - A VIX print this Low.

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December has become a significantly distorted Settlement Month
for Equity Future Contracts

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ESZ21 - S&P 500 E-Mini (Dec '21)

Implied Volatility: 12.95%

Put Premium Total $422,602.50 (Deep - Out of the Money can Mask Large Decline Potential)

Call Premium Total $10,005,752.50

Put/Call Premium Ratio 0.04 (Extreme Bullish Sentiment)

Put Open Interest Total 771,656

Call Open Interest Total 263,145

Put/Call Open Interest Ratio 2.93 ( Ratio of outstanding positions that need to be set off before or on expiry)

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Dow Futures Mini Dec '21 (YMZ21)
36,013s +184 (+0.51%)

Put Premium Tota l$3,123,245.00
Call Premium Total $6,532,215.00
Put/Call Premium Ratio0.48
Put Open Interest Total 824
Call Open Interest Total 316
Put/Call Open Interest Ratio 2.61

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Nasdaq 100 E-Mini Dec '21 (NQZ21)
16,192.75s +170.00 (+1.06%)

Put Premium Total $6,589,153.00
Call Premium Total $30,371,383.00
Put/Call Premium Ratio 0.22
Put Open Interest Total 47,828
Call Open Interest Total 31,758
Put/Call Open Interest Ratio 1.51

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The Challenge - Who gets paid First, because both will.

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