–Holiday trade drives SP500 into a low vol slopfest
–NFP takes a nose dive, weak Chinese data
–Financials tank, tech rips
–Bonds are back in play
September Volatility Spike?
–VIX, VVIX
–9 day VIX vs 3 month VIX
–contango is massive
–volatility depth chart
–SKEW has been relentless
–exogenous shock needed to kick off Sep vol fest
SPX Expected Move–
–last week EM– 57.49
–next week– 50.13 expected move