WTI Crude IV by measure of the CBOE OVX has been upticking from the beginning of this month from a 2/6 low of 30.11% to almost 35% today. Spike is probably coming. Direction? Anyone's guess... Although I am inclined to be bullish. WTI calendars have bottomed out & Brent calendars have broken to upside. Spring approaching seasonal in play. But, doesn't vol usually sell off into a rally?