Why the VIX Is Quiet but the VVIX Is Still Elevated

When the VIX drops to 15, most investors breathe a sigh of relief. But Lucas and Luna drill into a number that's telling a different story: the VVIX, or volatility-of-volatility index, sitting at 85. They explain what the VVIX measures, why it's still elevated even as the VIX settles, and what that spread means for options traders and long-term portfolios. Drawing on the S&P 500's 7,590 level and the NASDAQ's 2.5% weekly gain, they explore whether the calm in the VIX is masking tail-risk hedging in the derivatives market. A focused look at a metric most retail investors ignore — and why ignoring it could cost you in a regime change. #VIX #VVIX #Volatility #MarketRegime #OptionsTrading #TailRisk #S&P500 #NASDAQ #Derivatives #Hedging #RiskManagement #BearMarketPodcast #FexingoBusiness #BusinessPodcast #Finance #Investing #MarketData #May2026 Keep every episode free: buymeacoffee.com/fexingo