Vol411 for Wednesday, January 20, 2021

Host: Joe Tigay, Chief Trading Officer, Equity Armor Investments

· Today is expiration day for January VIX options and futures, which settled at 22.59.

· The market is risk-on today, as volatility falls with the inauguration of President Joe Biden.

· Despite lower volatility, VIX futures, the SKEW Index and the VVIX Index all remain elevated. The continued elevation could be caused by low interest rates leading to more volatility.

To learn more visit Cboe’s website.

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