• BLACK FRIDAY LIMITED-TIME OFFER

    GET THE BEST DEAL WE OFFER ALL YEAR

    SAVE 63% ON HEDGEYE’S ALL ACCESS PASS

The VIX swung sharply higher today as options buyers rushed into the market at any cost. If you read our work you know that we look for spiking VIX levels as a signal of capitulation selling, but today’s spike feels more like a fund(s) being forced to cover short volatility positions as it does a true indication of sentiment.

Andrew Barber
Director