Simple Question about VIX

Quote from option911:

One thing people dont understand about the vix is how skew is involved. I gave a VERY brief display of how it works on my blog. If you have more interest I can cover it more deeply. But, for how short it is, I think it shows how the VIX can fool people into thinking VOL is down or up.


Mark, this is a good point. You shud expand on this. Your blog is interesting.

My two cents on the skew as it relates to VIX to try to answer the original question. As Mark indicated above the skew dynamics play a role in VIX direction. If skew steepens VIX goes up. So if stock goes down but skew flattens you may see VIX go down as well.
 
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