julia: coming up, a new version of the porsche cayenne. don't miss our interview. how exciting. bloomberg. ♪ ♪ this is "bloomberg markets." i'm julia chatterley. i'm scarlet fu. its time for "options insights with abigail doolittle. abigail: kevin, as always, thanks for taking the time to joining us. time to join us. you talk about the madness of the vix option. >> everybody has been talking lowt how vix has been so for so long. ofrybody just came right out the gates, and started buying vix calls. you can see, there is about 12 and a half times the amount of calls being traded versus puts, which is pretty significant because there is 735,000 contract by 1:00 p.m.. that is in contrast to about 60,000 contracts for the put. the vix market thinks volatility will go higher and longer. trades of the biggest that happened was a risk reversal where somebody sold at did inhave strike, t those proceeds to buy in october 20 strike call. but this is still relatively cheap compared to historical standards. everybody is still waiting for that big buyout. speaking of the spike in the vix , th