It was as quiet a week as I can remember with respect to the S&P 500 focused volatility indexes. An quieter and the lines below would look like a single line.
The long ETPs really suffered last week as we entered the week in very steep contango when comparing VIX with the August and September futures. Of course what is bad for VXX is good for XIV and SVXY which both rose over 9% and up over 30% on the year. VVIX actually rose a tad last week as well as VIX option[...]