The spreads between the VIX cash and back month futures has widened to extreme levels over the past week. There appears to be demand for less expensive volatility protection as the VIX moves well below the recent mean. The expectation is for the market to see increased volatility as we move into the fall.
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Are option traders expecting a major sell off in June? $VIX had been smashed today prior to last 30 minutes of trading and then $SPY puts found a bid. #EAVOL https://t.co/dpBynvQkB7
Market Commentary
Brian Stutland