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Modalities of the 'Imminent' VIX Spike

Posted on July 08, 2008

These days, you can t escape the public outcry: traders want their VIX spike, and they want it now.Not too long ago, the vicissitudes of the VIX used to be the privy of a fairly limited group of options traders - those that had ears to hear, as it were. Now, if you hear or read phrases like bear market, 20% decline, and market bottom, odds are that the phrase VIX spike isn t far behind. Nevermind whether the increased VIX coverage is appropriate or accurate or remotely helpful. Thanks, CNBC!...

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bear market , vix