VIX finished the week on an all-time closing low level. However, despite the dramatic drop last week, only the November VIX future was lower while the rest of the contracts were higher for the week. It may be that traders are expecting the low volatility environment to be coming to an end.
On Wednesday, a trader took a stance that VIX is going to remain at low levels, but higher than the recently very low readings. With VIX around 9.90 and the November future trading[...]