VIX had quite a midweek move rising above 15.00 for a very short period of time before settling at 11.18 to end the week. Note the VIX action didn’t have much of an impact on the futures contracts which can be attributed to the steep nature of the curve going into last week.
I spoke about the following trade on the Vol Views podcast this past Friday. However, it was such a great use of VIX Weeklys that I wanted to repeat the trade here. On Monday last week, with VIX[...]