VIX Spike

On Tuesday August 27th, 2013 the VIX spiked due to escalating tensions in Syria. Below is a chart of the spot VIX and the VXX, which is the VIX ETF based on the short term futures contract. The blue line show the correlation between VIX and VXX.

VIX vs VXX 08-27-2013


About sellacalloption

Author, Radio Show Host and Portfolio manager and chief option strategist for IWC Asset Management.

Posted on August 27, 2013, in Volatilty Forecasting and Trading and tagged , , . Bookmark the permalink. Leave a comment.

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