8/7 Monday

8/4 VIX traceDaily log

Last week’s VIX index swung little bit wildly to 16-17 pts on Wednesday-Thursday-Friday after a low 13-24 pts on Monday-Tuesday. As a result, the contango becomes shallower and the unrealized profit decreases. OK, will it settle low again this week or will it flatten further and enter backwardation after a long time?

August maturity is 15th, let’s wait and see.