VIX finished the week at 9.81, just a tad above the post 2008 lows put in earlier this month. The June 2017 VIX cycle is five weeks long so there’s still plenty of time until June 21st expiration. The result is one of the steepest curves a can recall in the six years of posting these weekend blogs.
Friday, about an hour into the trading day, there was an interesting bull put spread executed in the VIX pit. With VIX at 9.80 and the June 7th VIX Future at 10.80 someone[...]