Today' VIX % change

IB scanner shows a 30% spike in vols for VIX , SPX and DOW , while vols change for ANY of the indices components isn't above 15%. What is wrong with this picture ?

 

Huge 20d otm put buys skewing the mean.

 

that what I thought , thanks for confirming , Risk.
Very attractive conditions for long dispersion

 

Yes, it's getting there! Waiting patiently

Wonder if you've seen this IV: http://www.risklatte.com/volatilityToday/volatilityToday050721a.php

It talks about dispersion trading from a correlation point of view under certain circumstances.

 

nope , never saw this one ; thanks for the link , MO

 

digesting weekend decay played another factor to the perceived larger spike.

 

Agree, but normally after a 3 day weekend the time travel IV manipulation would have been played out by the end of the resuming day to bring us back to the present.

 

It's the fear and the greed, not the decay "slow digestion".

 

wow.. though my quote was wrong...

VIX up 30% in one day..lol

 

seems like been free money call selling/put buying as p/c ratio been high for 3 weeks now.....