Yes, that interview was posted yesterday. Watched his interview yesterday. You're late to the party. But without a chart, it means nothing.
What is "Dow Realized Vol", as compared to the VIX let's say? The VIX is a lot higher than it was a few months ago, but I don't think that far from its historical norm. It can go a LOT higher. Not sure what Dow Realized Vol is. Thanks!
The VIX is the projected volatility, called implied volatility, for the S&P 500. The S&P 500's realized or statistical volatility is a trailing version of the VIX that happened in reality. Realized volatility is usually below the VIX, implying that option buyers are buying at a premium, but now realized volatility is higher than the VIX, implying that option sellers are selling at a discount.