The VIX Volatility Blowout In One Chart
Markets have begun to rebound off their lows of the morning. The S&P 500, Dow Jones Industrial Average and the Nasdaq 100 futures all tripped circuit breakers as trading opened Monday. The VIX volatility index skyrockets nearly 70% (h/t @NoAlpha_AllBeta):
The chart above is the term structure for the VIX.
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