VIX at 17.19: Lowest of 2026, but Structure Warns of Risk
VIX at 17.19: Below the Median, but Structure Tells Another Story The VIX closed at 17.19 on May 8, 2026-a reading that sits fractionally below the two-year median of 17.24. On the surface, that looks reassuring. But the term structure is worth examining carefully, because it reveals something the spot price alone doesn’t: the market…
