1/23 Monday

Daily log

Last week’s VIX movement is here. Since the market was closed on Monday the 16th, it actually shows 4 days trace. It started rising from the early 18 points range last weekend. When it passed 21 about pts, I thought it would over 25 pts, but it started to drop from 21.5 pts and ended up being slightly below 20 pts.

I guess it will go up and down around here for a while. Still the contango is gradually deepening, so it’s fine for me.