VIX'daily3
sp'daily5b
Summary
So.. we've seen VIX cool from 30 to the 19s across just 7 trading days.
Clearly, the bulk of the decline has now completed... even if we keep grinding up to sp'2K... the VIX will only trade a little further lower, as the market makers/option writers are not going to price things too cheaply.
notable weakness, TVIX, -9% or so in the mid 8s.
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VIX update from Mr T.
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time for lunch :)