The CBOE Volatility Index (VIX) index is trading 11.69 down .90.? The index is trading at year lows.
Today paper bought 20,020 VIX MAR 18 calls for 0.14. ??Average volume is 567,000 contracts per day in the name.? Open interest is 297,000 contracts.
The trade looks like closing paper due to the high short interest.? The VVIX is up 3.5 points today.
30-day implied volatility is 73%.?? 10-day implied volatility is 191%.? 30-day implied volatility is trading well below the 10-day historical volatility.
The CBOE Volatility Index (VIX) is a proprietary CBOE index based on a 30 day duration of the implied volatility of the S&P 500 index options.