Why a hidden divergence between the VIX and Nasdaq volatility has the smart money on edge
MarketWatch says VIX is drifting lower while Nasdaq-100 volatility (VXN) has risen, widening the VXN minus VIX gap. The article argues convergence could come either from calmer Nasdaq stocks or a sharp selloff that lifts VIX. It recommends buying UVIX Aug. 21 95 calls and also flags S&P 500 triangle levels and a JKHY put-call ratio buy signal.