Whilst equities saw minor chop across the day, the VIX managed a minor gain, settling +1.5% @ 11.68. Near term outlook is for the VIX to remain in the 13/11 zone, although if sp'1940/60s in June, then VIX 10/9s look very likely.
*third consecutive daily close in the 11s..remarkable.
Little to add.
VIX is in micro chop mode..and looks set to remain low for at least another 2-3 weeks.
*I have zero intention of picking up a VIX call block until mid June,
more later..on the indexes