Condor Options

Modalities of the “Coming” VIX Spike

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…