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Stocks / ETF

VIXYETF

ProShares VIX Short-Term Futures ETF
$18.431d +5.1%5d +5.0%settled close · 2026-11-02

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1 new call on VIXY this week is not on this page yet. Follow VIXY free and new calls come to you in The Brief, our morning email, the day after we record them. This page shows them a week later.

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β -2.6852w $16.02–29Ind. Commodity Contracts Brokers & DealersCboe BZX since 2011HQ Bethesda, MD
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Who said what, and what VIXY did next

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Who’s talkingIdea Scout · free

Who’s talking about VIXY

48 long1 neutral11 shortlatest 2026-10-21
DateVoiceStanceVenueThesis
2026-10-21UnknownNeutralCNBC Fast Money Final TradeThe VIX has reentered its Ichimoku cloud, signaling neutral volatility conditions that are conducive to a…
2026-10-17Kevin MuirIndependent trader — The Macro TouristBullishThe Market HuddleRealized S&P 500 stock correlation is at all-time historic lows, suppressing the VIX to ~15 while a 'shadow…
2026-10-13Amy Wu SilvermanHead of derivatives strategy, RBC Capital MarketsBullishBloomberg The CloseEarnings season historically expands single-stock implied vol relative to the index as idiosyncratic…
2026-10-11Brent KochubaFounder, SpotGammaBullishExcess Returns (feed)Tech single-stock implied volatility has gotten very cheap after the dispersion trade unwound entirely…
2026-10-06Josh Brown (Ritholtz)CEO, Ritholtz Wealth ManagementBullishThe CompoundVIX has been in a coma at 16 for months while FX and fixed income volatility are meaningfully elevated — a…
2026-10-05Stuart KaiserHead of US equity trading strategy, CitiBullishBloomberg Open InterestRussell 2000 options are cheap relative to rates volatility and offer the best cross-asset value for…
2026-09-24Patrick Ceresna (Macro Voices)Co-host, MacroVoices & Market HuddleBullishMacro VoicesThree-month VIX is at year lows despite fully capturing the election, the next earnings cycle, and upcoming…
2026-09-24Patrick Ceresna (Macro Voices)Co-host, MacroVoices & Market HuddleBullishMacro VoicesThe 3-month VIX is at year lows while the window encompasses the US election, full October earnings cycle…
2026-09-16Dean CurnuttCEO, Macro Risk AdvisorsBullishForward GuidanceRecord-low stock correlations are artificially suppressing realized S&P vol and hence the VIX; AI/hyperscaler…
2026-09-15Dan Nathan (RiskReversal)Trader & co-host, RiskReversal MediaBullishCNBC Fast Money Final TradeNear-term implied volatility is too cheap given the macro uncertainty around the Fed meeting, making outright…
Show all 60 mentions
DateVoiceStanceVenueThesis
2026-09-08Larry McdonaldFounder, The Bear Traps ReportBullishJulia La Roche ShowEquity volatility is historically cheap relative to accumulating risks — crowded financial longs at record…
2026-09-04Greg BoutleUS head of equity derivatives strategy, BNP ParibasBullishBloomberg Open InterestVIX is near year-to-date lows while macro uncertainty is at multi-year highs — payrolls, CPI, FOMC, and…
2026-07-17Felix JauvinCo-host, Forward Guidance (Blockworks)BullishForward GuidanceCross-asset vol remains historically low despite multiple compounding macro imbalances — BOJ repatriation…
2026-06-19Felix JauvinCo-host, Forward Guidance (Blockworks)BullishForward GuidanceWarsh's elimination of Fed forward guidance removes the mechanism Bernanke invented specifically to suppress…
2026-06-19Tyler NevilleTrader, Muddy Waters CapitalBearishForward GuidancePost-quad-witching seasonal tailwinds, vol-targeting systematic funds re-levering into momentum, and the…
2026-06-19Seth KlarmanCEO, Baupost GroupBullishMasters in BusinessBuying macro hedges when volatility is suppressed and complacency is high is cheap insurance that pays off…
2026-05-07Michael Green (Simplify)Chief Strategist & PM, SimplifyShortJulia La Roche ShowXIV and SVXY had come to dominate over 70% of daily VIX futures volume, creating a single-underlier…
2026-02-23Nassim TalebAuthor; advisor, Universa InvestmentsBullishBloomberg TelevisionImplied volatility structurally underprices real tail risks — US deficit requiring ever-increasing borrowing…
2026-01-09Rick RiederCIO of Global Fixed Income, BlackRockBullishBloomberg PodcastsEquity vol is cheap relative to rates vol, so buying equity market volatility provides cheap downside…
2025-10-10Scott NationsPresident, NationsShares; CNBC contributorBearishThe CompoundSystematically owning VIX ETFs destroys capital because the manager must roll from one expensive front-month…
2025-08-01Tyler NevilleTrader, Muddy Waters CapitalBullishForward GuidanceAugust has historically driven volatility higher (VIX seasonality since 1990), and the current setup is…
2025-06-30Boaz WeinsteinFounder & CIO, Saba Capital ManagementBullishBloomberg TelevisionPost-2008 extraordinary central bank actions suppressed volatility for over a decade, but that regime has…
2025-06-18Nassim TalebAuthor; advisor, Universa InvestmentsBullishBloomberg PodcastsElevated geopolitical and fiscal uncertainty justifies buying tail hedges not because of a directional view…
2025-05-21Kevin MuirIndependent trader — The Macro TouristBullishForward GuidanceFX implied vol is cheap relative to equities and fixed income while fiscal divergence and Trump policy…
2025-04-22Diego ParrillaCIO, Quadriga Asset ManagersBullishWealthionIn a stagflationary environment where fixed income no longer reliably hedges equities, volatility is the true…
2025-04-05Kyle BassFounder/CIO, Hayman CapitalBearishTorontoWealthGroupWhen the VIX hits 40, historical precedent shows it has been a great time to buy risk assets, signaling a…
2025-04-04Steve QuirkChief brokerage officer, RobinhoodBullishThe CompoundBuying VIX futures or call spreads is a cleaner, simpler portfolio hedge than owning exchange stocks (CME…
2025-01-17Sven HenrichFounder, NorthmanTraderBullishWealthionVIX left a visible gap in August from the spike; that gap will ultimately fill in 2025, pointing to a move…
2024-11-23Felix JauvinCo-host, Forward Guidance (Blockworks)BearishForward GuidanceVIX seasonality shows November and December are historically large down months, and as volatility falls…
2024-11-21Danielle Dimartino BoothCEO & Chief Strategist, QI ResearchBullishinterviewThe path for risky assets will be bumpier than for inflation even as the Fed eases, making volatility…
2024-11-07Kris SidialCo-CIO, Ambrus GroupBullishExcess ReturnsA ~5% portfolio allocation to long vol/tail risk provides explosive returns during market crashes and —…
2024-11-02Tyler NevilleTrader, Muddy Waters CapitalShortForward GuidancePost-election resolution will cause implied volatility to collapse as hedges roll off; VIX is structurally…
2024-10-15David WooIndependent macro strategist (ex-BofA)BullishWealthionGeopolitical risk is at a 30-year high with Israel-Iran war imminent, Ukraine escalation possible, and US…
2024-10-11Nassim TalebAuthor; advisor, Universa InvestmentsBullishBloomberg TelevisionSystem fragility, AI-concentrated equity rally, high debt, and geopolitical risks mean investors need large…
2024-08-05Noel SmithCIO & Founder, Convex Asset ManagementShortForward GuidanceVIX at 65 is crisis-level pricing (2008/pandemic) inconsistent with the current macro shock (BOJ rate hike +…
2024-06-14Kris SidialCo-CIO, Ambrus GroupBullish42 MacroThe short volatility trade is structurally overcrowded via RIA yield-seeking programs, structured product…
2024-01-31Cem KarsanFounder & CIO, Kai Volatility AdvisorsBullishOption AlphaFix-strike vol is currently crushed and VIX is pinned at low levels heading into a window where supportive…
2024-01-24Cem KarsanFounder & CIO, Kai Volatility AdvisorsBullishThe Market HuddleWhen these ultra-convex VIX calls move from 5-10 cents toward ~50 cents before any market decline, it signals…
2023-09-14Harley BassmanManaging Partner, Simplify Asset ManagementShortMacro VoicesMOVE at 120+ (well above its long-term average) means the market is overpaying for rate optionality relative…
2023-04-18Cem KarsanFounder & CIO, Kai Volatility AdvisorsShortWhalePoolIndustrial commodity implied vol is structurally overdone in inflationary regimes — historically commodity…
2022-12-16David RosenbergEconomist — Rosenberg ResearchBullishForemost FinancialVolatility historically outperforms during recessions and can be accessed through options and derivatives…
2022-07-07Cem KarsanFounder & CIO, Kai Volatility AdvisorsBullishCapital Market LaboratoriesRemoval of the Fed liquidity put combined with extreme prior valuations and rising geopolitical competition…
2022-06-27Harley BassmanManaging Partner, Simplify Asset ManagementBullishBenn EifertVIX term structure is flat at 30 across months 1–9, which is structurally abnormal — at elevated vol levels…
2022-06-21Chris Cole (Artemis)Founder & CIO, Artemis Capital ManagementBullishChris ColeIn a stagflationary environment the fed reaction function is absent, suppressing equity vol spikes while…
2022-02-24Chris Cole (Artemis)Founder & CIO, Artemis Capital ManagementBullishChris ColePower law violations in volatility are occurring with unprecedented frequency due to passive investing…
2022-02-08Cem KarsanFounder & CIO, Kai Volatility AdvisorsBullishTop Traders Unplugged~500 trillion dollars in global long assets (equities, real estate, commodities) is largely unhedged…
2021-12-02Chris Cole (Artemis)Founder & CIO, Artemis Capital ManagementBullishChris ColeA 21% allocation to long volatility strategies is essential in the Dragon Portfolio because it provides…
2021-08-22Harley BassmanManaging Partner, Simplify Asset ManagementBullishSrivatsan PrakashOptions pricing (insurance) is anomalously cheap relative to actual tail risk because pervasive 'Fed put'…
2021-06-02Chris Cole (Artemis)Founder & CIO, Artemis Capital ManagementBullishChris ColeImplicit and explicit short-volatility strategies appear to diversify but actually layer on leveraged equity…
2021-04-23Cem KarsanFounder & CIO, Kai Volatility AdvisorsBullishMutiny FundsVIX calls deliver the most convex payoff per dollar in acute spike events, making them the most…
2021-03-01Felix ZulaufFounder, Zulauf ConsultingBullishDoubleLine CapitalExtreme one-sided bullish positioning means even a small catalyst could cause a near-term doubling of the VIX…
2021-03-01Jeffrey GundlachCEO/CIO, DoubleLine CapitalBullishFelix ZulaufAlgo-driven straight-up/straight-down markets, parabolic call-option volume requiring massive dealer long…
2020-11-03Rob ArnottFounder & chairman, Research AffiliatesBearishInvestment Innovation Institute [i3]Low-beta stocks now trade at a premium multiple to high-beta stocks—reversing their historical persistent…
2020-10-05Jason BuckCo-founder & CIO, Mutiny FundsBullishThe Acquirers PodcastAn ensemble of long-vol managers (straddles, strangles, rolling puts, VIX arb, intraday futures) produces…
2020-03-30Benn EifertCo-founder & CIO, QVR AdvisorsBullishThe Alpha Exchange with Dean CurnuttBanks are not intermediating markets due to Dodd-Frank constraints, so the crisis of broken financial…
2020-03-12Chris Cole (Artemis)Founder & CIO, Artemis Capital ManagementBullishChris ColeBuying volatility (straddles, puts and calls) produced positive carry through both the deflationary 1930s and…
2019-03-08Chris Cole (Artemis)Founder & CIO, Artemis Capital ManagementBullishinterviewPassive investing has crossed 50% of the market, making active investors too small to correct mispricings…
2018-02-06Chris Cole (Artemis)Founder & CIO, Artemis Capital ManagementBullishChris ColeCentral banks have suppressed realized volatility through preemptive strikes on market risk while transmuting…
2017-09-01Chris Cole (Artemis)Founder & CIO, Artemis Capital ManagementBullishChris ColeVolatility persistence at 88-year lows while a debt supercycle, sovereign balance sheet expansion, EU breakup…
2016-08-02Meb FaberCo-founder & CIO, CambriaBearishInvest Like a Boss PodcastYield-hungry investors have bid dividend and low-volatility stocks to a valuation premium over the broad…
1 new mention of VIXY this week is not on this page yet. Follow it free and new calls come to you in The Brief, the free morning email. Free pages update a week later. Follow VIXY free ↑
The options tape

Notable options days

Sessions in the last 120 where VIXY’s settled options volume ran ≥ 2× its trailing 20-session baseline, or delta-dollar flow ran ≥ 2.5× — 19 of 120 sessions qualified.

The qualifying dates are the free record. Close, flow, call/LEAPS mix and the 20-session outcome — for every session below — are member content.
DateCloseRVOL Δ$ flow ($M)Call % LEAPS %+20 sess.
2026-11-02
2026-10-30
2026-10-20
2026-10-16
2026-10-15
2026-10-14
2026-10-08
2026-10-07
2026-09-17
2026-09-02
2026-08-28
2026-08-27
2026-08-20
2026-08-19
2026-08-17
2026-08-13
2026-07-29
2026-07-15
2026-05-26
+20 sess. = raw price change over the following 20 sessions — not market-adjusted; the tape tells you where to look, not what happens next.
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The Wheel · put-selling

VIXY on the Wheel

VIXY is not in our put test yet; you can still add it to your Wheel and see its puts.

The Wheel lists cash-secured puts on stocks after a 3% drop, with live quotes, the chance of assignment and each stock’s own history. Free to use; a free account lets you follow stocks, add your own and ask questions.

Decision support, not advice · questions put sellers ask us

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