VIX rallied in the last few minutes of 2018, but didn’t take the all the futures contracts with it. The near dated futures moved up slightly, but for the week the longer dated futures were slightly lower.
2017 is now officially the year with the lowest average close for VIX on record. The average close was 11.09 in 2017 which is 2.30 lower than the average close for VIX in 1995. The chart below is a favorite of mine showing the high, low, and average VIX by year from[...]