Shortly after the collapse of the 'short-vol' trade in February, VIX speculators were ripped into an unprecedented long position (i.e. betting on higher vol) and while VIX has fallen from its peak chaos levels, speculators have added to their 'rising risk' bets.
It appears 'Buy the dip' has reached the volatility markets...
https://www.zerohedge.com/news/2018-04-16/vix-speculators-have-never-been-longer
It appears 'Buy the dip' has reached the volatility markets...
https://www.zerohedge.com/news/2018-04-16/vix-speculators-have-never-been-longer