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You Are Here: Home > Articles > Contributors > Markets Rallying (for now), But VIX Still Rising

Markets Rallying (for now), But VIX Still Rising
Nov 20, 2008

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Bill Luby

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It is unusual to see the markets bounce off of a bottom and the VIX still continue to climb, but that is exactly what has happened over the past few minutes, with the VIX up to 80.35. This divergence usually resolves in a bearish fashion.

Interestingly, the VIX December 100 call that I referenced in the previous post has pulled back to a bid/ask of 0.75 - 1.00, with 774 contracts now traded.

by Bill Luby (VIX and More )

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