VIX down, markets up

Quote from futures_shark:

Moving in only one direction is not volatility.

SURE it is. There is STILL fluctuation. Netted out to upward volatilty.

I personally measure it as High minus Open, in contrast to downward volatility of Open minus Low. Of course "the open" is at the descretion of the specialist/market maker to facilitate merchandising...........oops.............I mean maintain a fair and orderly market by filling the most orders.
 
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