Vix Level

[option911]

The VIX ix at about the lowest its been in over a year. Yesterday's close was the first close below 23 in over a year. what do you guys think? I'm wondering whether the bear has gone into hibernation

 

[GammaJammer]

Are the futures rolling at mom? Big volume spike yesterday in front month. BIG.

 

[gooseman]

goes out 20th

 

[GammaJammer]

big volumes again y'day.....

 

[option911]

Im starting to feel a bottom here. Im going on vacation next week otherwise would seriously consider buying some V

Mark S.

http://www.option911.com

 

[trade9]

The VIX is low, but it's sill significantly above historical vol of the SPX. Chart with accomanying article http://markettaker.com/chart_of_the_week/

Shows how, even though the VIX has fallen, it still might be high compared to where it "should" be.