Another Weird VIX Shift

Volume was light in options trading today.  Volume was light in stock and futures trading as well.  Yet there was one odd creepy move today in VIX futures.  It started with a large buy order.  A customer bought 100,000 of the VIX Dec 27 calls.  From then on the VIX curve was bid.  Even as the VIX was flat the VIX dec contract was up more than 3%.  Quote the move on a day the S&P 500 was down 2 points.  Notice the 2 day shift.


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Our Founder on Bloomberg Talking $VIX and a $VXX Trade