With the main indexes seeing a little weakness, the VIX managed to hold minor gains, settling +2.1% @ 13.39. Near term outlooks remains a VIX likely to trade within a tight range of 13/11. It remains very unlikely for the VIX to break >20 until Jan/Feb' 2014.
VIX'60min
VIX'daily3
Summary
Little to add, market volatility remains very low, and even the mid teens look out of range this side of thanksgiving.
Despite some significant interest in Feb/March VIX upside (see 12pm video post), there seems near zero point for anyone to be taking new VIX-long positions before Jan'2014.
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more later..on the indexes