Volatility Update July 17, 2017

Optionity Volatility Report

July 17, 2017

Volatility remains very low.

$VIX is showing some signs of recovery while $SPY remains stretched (Bollinger band). Contango still in action for $VXX.

Strategy: The $VIX could pop anytime. Stay on the sideline, waiting to short $VXX when volatility pops.