Market down 1.75%, VIX only up 2.02% ?? huh?

Just an opinion, but maybe low volume + orderly selloff, e.g not hedge fund and quant dumping, but institutional and HNW individuals. Vix usually spikes up when there are high order flows on both sides of the trade.
 
Quote from matador04:

With the S&P down that much, shouldn't one expect the VIX to spike a little more than 2.02%?

Please enlighten me...
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In a solid trend either up or down, isn't the VIX normally low?
 
Quote from Buy1Sell2:

In a solid trend either up or down, isn't the VIX normally low?
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I thought about that; it wasn't as choppy as last week...so I suppose that would make sense
 
Quote from IV_Trader:

holidays season
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Yes, that is about the only reason I can come up with myself. All things being equal, VIX should be higher on a Monday, to be down over 200 Dow points and only see 1/2 point VIX rise is downright shocking. But Thanksgiving weekend does need to be priced out at some point this week, today just seemed a little early.
 
not only that but the VIX traded down on the day, i.e. it closed LOWER than its opened.

Pretty wierd stuff.

fwiw...I disagree about the VIX being worthless, I think the VIX has very good value as a secondary market opinion.

Everyone trades differently and that's fine but I love the VIX.
 
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