Normally, VIX futures contracts are more expensive the further down the horizon. Now, traders are betting on more turbulence in the short term than they are three months ahead, making it more expensive to trade near-dated contracts.
Normally, VIX futures contracts are more expensive the further down the horizon. Now, traders are betting on more turbulence in the short term than they are three months ahead, making it more expensive to trade near-dated contracts.