When traders bid up the near-term $VIX over the next month’s contract, it means fear is front-loaded; they expect turbulence immediately.
That’s exactly what we just saw. The Nov-Dec VIX spread widened significantly, followed by a rapid contraction.
This kind of reversal often… pic.twitter.com/wP9DT1pDdN
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) November 11, 2025
This chart tracks the spread between November and December VIX futures (near-term minus next-month). Positive values indicate higher expected volatility soon, signaling “front-loaded fear.”
It shows the spread widening sharply to ~1.1 (yellow oval), then contracting quickly. This suggests short-term hedges unwinding, potentially shifting markets toward risk-on if it holds above 0.6.
The blue line is a 21-day EMA; RSI is at the bottom for momentum.
-Grok
The difference about this relief rally back to aths
Is that
This time Nasdaq fell -5%
It’s not as simple as a -2/-3% back to ath as we’ve been seeing for 8 months
So there is a wall here that hasn’t happened before
The spread is wider now that’s why we are getting…
— 👁 (@Oculustrade) November 11, 2025