8/29 Monday

Daily log

Last week’s VIX index movement is here. On 8/22 at the beginning of the week, it rose by one step. After that, it calmed down a bit, but on Friday 26th, it was to go up one more step.

The depth of contango can be easily understood by looking at the tracking chart which is monitoring daily, especially 5m movement shows that clearly. The SP500 dropped a lot on 8/26 Friday, but the 5m drop wasn’t that big. Might be a good time to do adding.