VIX Options Weirdness

I don't trade VIX options, but I've shown some pretty wacky disparities between call and put IVs. I thought there had to be an explanation, because it just wasn't credible that such huge differences weren't arbed away.

Dean Mouscher has the answer in a 16 minute video on the subject.

If you are trading these, or might at some point in the future, this is a must view.