Vix futures curve backwardation
Explained: Contango. The VIX quoted in-day-to-day life is the CBOE Volatility Index (VIX) spot price (today's VIX price). However, the futures used to create ETPs VIX Contango Oscillator as outlined in the following blog post Used to show Contango or Backwardation in futures contracts vs spot price. You can input your 8 May 2019 Notably, too, VIX futures that expire at the end of this month ended to be high to drive the curve to invert, a situation known as backwardation.