Whilst equities saw minor chop across the day, the VIX managed to hold minor gains, settling +2.5% @ 11.87 - the seventh consecutive daily close in the 11s. Near term outlook is for the VIX to remain within the 14/11 zone, the 10s look viable if sp'1940/50s.
Little to add.
VIX remains low, and the big 20 threshold looks difficult to hit for at least 'some weeks'.
Certainly, I have no interest in picking up a VIX call block in the near term.
more later... on the indexes