Flattening of VIX Futures Term Structure
The Cboe Volatility Index® (“VIX”) futures term structure flattened at the end of February due to some sizeable spread trades. These trades appear to be positioned to benefit from a shift in the term structure curve from contango (upward sloping) to backwardation (downward sloping), which tends to happen when there is a volatility spike.
Video – SPX slips down on China trade talk news, the VIX Index pops up, traders modestly buying calls, & Mike Palmer discusses tariffs influencing the volatility structure. 03/04/19
Cboe Risk Management Conference:
Mar. 25-27, 2019, RMC USA in Carlsbad, CA
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March 23, Borsentag Frankfurt in Frankfurt, Germany
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