Vol Sellers Forced to Cover as VIX Breaks 20 On Friday, the market’s calm broke heading into the October monthly options expiration. The S&P 500 dropped over 1% on the day while the VIX jumped to close at 20 — the highest level in nearly three months. Options traders spent Friday scrambling for protection, marking […]
VVIX
VVIX Explained: What the Volatility Index Tells Traders
The VVIX measures the expected volatility of the VIX itself — giving options traders a window into hedging demand, dealer positioning, and what the market is pricing before volatility materializes. SpotGamma’s forward return data shows
what elevated VVIX levels have historically meant for SPY and VIX.
VVIX, Vol-of-Vol and Stock Market Returns
After the market close on August 1st, the Fitch rating agency downgraded US debt. This brought a bit of volatility to US stock markets on August 2nd. The downgrade was the first such occurrence since Standard & Poor’s downgraded the U.S.’s long-term sovereign credit rating from AAA to AA+ on August 5, 2011. Markets were […]