I think you may be able to squeeze a bit more, complacency is literally ruling the market now. Seems every bit of fear is completely gone and a vix below 18 is doable probably by mid June and then a slow grind lower to 15 by early summer. ... Fear has left the market entirely....seems like we won't see any fun crazy point swings like we did just some weeks back.
Maybe but shorting VIX below 20 is asking for troubles. Well I understand that @IV_Trader isn't emitting a buy signal but rather asking if we've been aware and trading SVOL. I wasn't aware. Thanks for sharing.
I started at 20 but then added all the way down to 14 when with VIX hit 50+. At the same time, vols touched 60 and I was aggressively selling CC. Vols came back to teens few days ago. So a double whammy