$VIX – Despite the late day pullback in $UVXY, $VIX futures contango settled at -0.70% (backwardation)
This is a small tailwind for $VXX and $UVXY holders and a small headwind for $SVXY
$VIX – Despite the late day pullback in $UVXY, $VIX futures contango settled at -0.70% (backwardation)
This is a small tailwind for $VXX and $UVXY holders and a small headwind for $SVXY
Options Bistro 