Almost one year ago, on June 17, 2025, I wrote a Barchart article asking if the VIX was too low. I concluded that article with the following:
VIXY can be a valuable short-term trading tool on price weakness in the VIX as the economic and geopolitical landscapes remain a hornet’s nest of potential problems. However, the most substantial upside potential will likely occur if market surprises emerge over the coming days and weeks. Moreover, as liquidity declines during the summer, the potential for sudden volatility increases. Be careful in markets during the coming weeks and months.