​Daily Bulletin: Tuesday March 24

IWM April and May puts were in focus on Tuesday with more than 90,000 contracts subject to early exercise. Aside from IWM, floor traders highlighted a sizeable three way spread in the VIX during a day where more than 500,000 contracts traded on the underlying. We report on how the spread drove investors into owning VIX premium. Elsewhere, we have an exclusive Q&A with CBOE President and coo Ed Provost. In an interview with EQDerivatives President Peter Thompson, Provost discussed the recent London Stock Exchange Group deal and outlined his view on RVX, VXST and consideration being given to VIX weeklys. Also, we have published our latest buyside commentary, from Uncia’s Julien Messias: ‘A Cornelian Dilemma: “Moneyness Skew” vs “Delta Skew”?’