Shares of the CBOE Volatility Index (VIX) are up .52 to 17.80.? VIX is in the middle of the 52 week range.
Today paper traded 79340 VIX Feb 16/20 call spreads for 1.20.? ADV is 560k contracts.? The OI is over 200k for each strike.
The volume went up in two giant blocks mid-market. VIX was near the high of the day at the time.? On balance the paper looked buying but it is difficult to tell.? If a sale it was well timed near the top.
30-day implied volatility is 98%.?? 10-day implied volatility is 159%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
CBOE Volatility Index (VIX) tracks the 30 day forward volatility in the S&P 500 index.