Summary: We comment on how new highs in SPX are NOT accompanied by new lows in VIX & VIX futures. We look at the top trades this week in SPIKES, VIX, VVIX, VXX & UVXY. We discuss record SPIKES futures vol & MIAX's July market share & vol records. We review google vol search results & we answer your questions about HOOD options, the sweet spot when trading volatility options & the role vol products play in a long equity portfolio. Plus we look into our crystal ball to guess where VIX/SPIKES will be next week.
