The $VIX futures have been consistently dropping, indicating a potential mid-week bounce. Recent data shows the October $VIX FUTURES contract priced just above $18, influenced by the upcoming November presidential election. Currently, the $VIX is below 12.7, hitting fresh lows around 12.50 as volatility decreases towards month end.
$VIX fresh lows of the week back to 12.50, really seeing volatility dampen into month end with next week just 3.5 trading days... thats a hefty theta bill for long option holders
$ES -- Trading inside Daily 1's just above Weekly 1 https://t.co/GxcV30frhH
$VIX below 12.7 now
Let's be clear. The chart shows the October $VIX FUTURES contract priced just above $18 and reflecting a bump associated with the November presidential election. https://t.co/2VrPp1IdGY https://t.co/RjpfwUbior
$VIX -- bounced on the lowest Daily 1 (Close) and is running to HIGHER GROUND!!!!! https://t.co/PT695Mhhjj https://t.co/hE8RVLMJSE
$VIX -- tagged lower Daily 1 (Open) https://t.co/WvlJFXmJBX
$VIX futures continue to stay red all day, nice clue maybe bounce mid week.. stop lookin at spot VIX.. the futures are what matter