VIX was simply reflecting the holiday time decay. The floor is pricing in time decay until next Monday's open. This results in VIX dropping.
You didn't have to prove that you understand nothing about trading, but thanks anyway. I guess it is worthless if you only papertrade. Low $VIX to me means that everything is as expected and going to plan.
it was a down day, nothing out of the ordinary. volatility doesn't give two shits if the market is up or down...
Most people are in disbelief that the market is selling off after 3 rate cuts and very positive seasonality. A bounce is possible, but we may not have seen real selling yet. A real sell off will see a big vix spike.
No, not some kind of conspiracy this time Just that today's drop below previous support was what the 'market' expected, what big participants were prepared for and thus, what was priced into the option premiums.